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I feel like top management and share holders don't really care about things that may happen ~30 years later. And even if they care, there are a lot more other i
by pca006132 2y ago
I feel like top management and share holders don't really care about things that may happen ~30 years later. And even if they care, there are a lot more other issues that may ruin a company, e.g. the entire industry is replaced due to technological advancement.
- ferguess_k 2y agoThey definitely not, and there is no safe valve for it. Can't blame them though, this is what Capitalism teaches all of us. I'm short sighted too, but the thing is I won't be able to go wherever I want when SHTF while fund managers can probably do so.
- al_borland 2y agoIt's not necessarily the fault of the company. The government created the environment to make it the only way to stay competitive for a lot of companies. Some bucked the trend, and I respect them for it. There is a push to bring things back now, but it's going to be ugly. It's much better to avoid the issue in the first place like most countries, but it's too late for that.