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Exactly. Your first two sentences were much more eloquently put than mine. I never said anything about short term profitability directly, but I should have cla
by fallentimes 18y ago
Exactly. Your first two sentences were much more eloquently put than mine.
I never said anything about short term profitability directly, but I should have clarified.
Some companies - and yes I know this sounds ridiculous - don't focus on short-term or long-term profitability. They are built to be acquired. Or they only focus on the top line (sales) while almost entirely ignoring the bottom line (net income, cash flow).