3 ms·
> in order to maximize profit I'm wondering where this idea comes from (I'm not criticizing you specifically, but that maxim). Do no investors value stabilit
by Smoosh 6y ago
> in order to maximize profit
I'm wondering where this idea comes from (I'm not criticizing you specifically, but that maxim).
Do no investors value stability, longevity, ethical behavior etc?
- WalterBright 6y agoI tend to invest in companies whose products and behavior I like. It's not terribly surprising that they've done well - pleasing customers is good business. I've dumped stock in companies that began a business model of suing their customers to make money - and those companies (again unsurprisingly) tilted down. Buy companies that customers love, sell companies that customers do business with only because they have to.
- closeparen 6y agoRisk profile and time horizon are central considerations for investors, absolutely. Sometimes a fast, go-big-or-go-home trajectory is what they're looking to invest in. The way to put ethics in a language investors understand is to price in externalities.