3 ms·
Bugatti sells less than 100 vehicles per year.
by jshzglr 4y ago
Bugatti sells less than 100 vehicles per year.
- mcphage 4y agoThat sure sounds like a “best in class” company without growth to me!
- jshzglr 4y agoThat's all a growth-less company can be. A simple niche, with a very specific audience that knows exactly what they want. It's the exception that makes the point. You can't apply that to a company like Apple.
- selectodude 4y agoWell that's not entirely true. AT&T is basically a zero-growth company as well. And they trade at a P/E of 6.7. A similar valuation for a zero-growth Apple would be about $40/share.
- renewiltord 4y agoI think anyone who would accept the statement "It is good that there are perpetually growing companies" will also accept the statement "It is good that there are perpetually growing companies and exclusive-luxury-segment non-growing companies".
- mcphage 4y agoYeah, you’re probably right.