3 ms·
The price of a growing business should go up because it has more options to create returns for shareholders. Use Aldi (revenue ~$120B) as an example. Do you th
by runako 4mo ago
The price of a growing business should go up because it has more options to create returns for shareholders.
Use Aldi (revenue ~$120B) as an example. Do you think a person would be a shmuck to buy a slice of it now versus when revenue was $1 million? If not, why not? Your answer will help understand why stock has value even without voting control or dividends.
- dragandj 4mo agoIt depends. What if Aldi bled a trillion dollars for this revenue of $120B? Would it be a desirable purchase?