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You know, normally I agree with you. But I looked it up, and Intel has only barely tripled revenue in the last 20 years. Their stock price has followed almost
by mrjangles 5y ago
You know, normally I agree with you. But I looked it up, and Intel has only barely tripled revenue in the last 20 years. Their stock price has followed almost exactly this increase in revenue.
These are not what I would call super gains, they are definitely good gains, but they are what anyone would expect from a blue chip company like Intel.
So the point is this isn't people looking at the short term, this is a company that used a strategy to optimize growth over a 20 year period. Yes they hampered future growth after those 20 years, but this is a technology company, most technology companies don't even exist after 20 years. I don't think there is really any policy or attitude or anything at all you can implement to get people to maximize revenue over a longer period than 20 years, especially in a technology company. No one would invest in such a company because, because such an investment would be extremely risky.