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It's not a waste of emotional energy to consider how to convert a company from the $5-billion slow and steady type to the $10-billion instant acquisition type.
by immibis 2y ago
It's not a waste of emotional energy to consider how to convert a company from the $5-billion slow and steady type to the $10-billion instant acquisition type. Indeed the premise of our economic system is that maximum value is created when people continually strive to maximize the values of their companies.
- rf15 2y agoYes, and what an unstable and cannibalistic system that is! That's why some of us prefer not to sell/go public, instead opting for stable albeit less income. As another comment said, I don't need a third house or car collection. My one house is plenty, and I'm already in a position most of the country can only dream about.
- immibis 2y agoIt doesn't matter whether you like the system or not. It is the system, and you will be punished for not following it. In this case, by an opportunity cost of 5 billion dollars and several years. If you think you can change the system, try it and see what happens.
- rf15 2y agoI'm good, thanks. the 5 billion can just stay with whoever wants them. It is this madness of "opportunity cost" that is ruining us, the idea that this is a game and optimal "play" for a single piece is desirable.