Here's a simple thought exercise. If your company produced the same product, but for less money. Would the company be worth more? If your ownership increased

Here's a simple thought exercise. If your company produced the same product, but for less money. Would the company be worth more? If your ownership increased via buy back, would your holdings increase in value? If your debts were financed at a lower average rate would the value of your company go up ? (sort of a sub case of expenses) These are some of the myriad of ways that a portfolio can move in disconnect from GDP.