3 ms·
Unfortunately, with our current capitalistic system, it doesn't make sense to buy a company which has no intention to be as profitable as you are. Basically, s
by londons_explore 2y ago
Unfortunately, with our current capitalistic system, it doesn't make sense to buy a company which has no intention to be as profitable as you are.
Basically, shareholders expect you to invest all the cash in your stockpile for a similar percentage return (on average), and they won't want you to invest in a capital heavy but almost profitless industry like carmaking unless you think you can turn it into a business of similar profit levels per unit investment to your existing business.
- deleted 2y ago[deleted]