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> quarterly reports show that they are either making less money, or incurring in losses, then they aren't doing their job That’s a bad take. Companies can incu
by darth_avocado 4y ago
> quarterly reports show that they are either making less money, or incurring in losses, then they aren't doing their job
That’s a bad take. Companies can incur losses while the ceos do their jobs. Short term profitability and long term growth are both ceo responsibilities. If you take decisions to boost short term numbers to gut the company’s health over a longer term you should be fired. The exact myopic view led to destruction of airline and car rental companies stock in the last decade. Those ceos were not making money for the shareholders beyond the few quarters they “made money”.