3 ms·
Ya, if you can optimize this quaters earnings by 6% at the expense of your business literally potentially collapsing in 3-5 years, that is considered optimal un
by SQueeeeeL 4y ago
Ya, if you can optimize this quaters earnings by 6% at the expense of your business literally potentially collapsing in 3-5 years, that is considered optimal under our present system of shareholder ownership. Shareholders by their very nature don't need to care about stewardship or longevity of a business because they own a small portion of a company for a short time.
- dehrmann 4y ago> literally potentially collapsing in 3-5 years 3-5 is pessimistic. This was a p99 event. You can count on some level of government bailout for those.
- stingraycharles 4y agoThere are other types of p99 events that have similar results.