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Or that it will keep growing. Or they want a majority in the company. Stock is ownership.
by WastingMyTime89 4y ago
Or that it will keep growing. Or they want a majority in the company. Stock is ownership.
- ac29 4y agoBut no company can grow faster than the overall economy forever. At some point spending profits on attempted growth is a waste of money that could've been returned to shareholders (see: Zuckerberg, Mark and the billion dollar quest for the virtual legs).