4 ms·
His view would be that if the stock price went up as a result of some action then that action would be the right one (its orthogonal to the point about short te
by cbzbc 4y ago
His view would be that if the stock price went up as a result of some action then that action would be the right one (its orthogonal to the point about short term profits).
- aaomidi 4y agoAgreed, this is the definition of short term profits
- WalterBright 4y ago> this is the definition of short term profits That's not remotely true. Stock prices are based on long term fiscal results. If shareholders get a whiff of a company sacrificing long term results for short term profits, the share price tanks.