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> This is remarkable because it's hard to imagine most American companies, which are always looking to squeeze out a little more profit to juice the quarterly r
by superquest 7y ago
> This is remarkable because it's hard to imagine most American companies, which are always looking to squeeze out a little more profit to juice the quarterly report
HEB is privately owned and run by the owners. Those are very different incentives than public or VC-backed ventures.
- _bxg1 7y agoYeah, it's amazing how much of a difference that often makes. Being guided by people instead of a number.
- vikramkr 7y agoYou're still guided by a number. But you've got a different cost of capital, risk profile, and time horizon, as well as room for more stuff in your utility curve. So you will behave differently.