tone more came from typing on a phone... but the parent, I read, a saying companies that are not turning a profit are mismanaging their money, which I was contr

tone more came from typing on a phone... but the parent, I read, a saying companies that are not turning a profit are mismanaging their money, which I was contradicting. I randomly had lunch sitting next to a dude, while I was waiting for a movie to start, I was 24, maybe 1 year out of college. The service was slow because a waiter just had to leave. We both had been to the place and weren't concerned about the time. Started talking to him, we he was retiring. I was just starting. Dude was selling his company for $195M in 2001. Turns out he did compressed air/etc, and competed with praxair, who he was selling to. I asked him what his strategy was. "I invest in Me, not the market, it's the only thing I understand or trust". He kept expanding his business when he could, got tons of certs and trainings to do everything in the industry he could. He started from it from quitting as a sales guy for another company he disagreed with. Anecdata yes, but You can't really grow a business without investing in that business and that means taking some profits and putting them back into the business.