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The usual very short term corporate thinking that maximizes quarter profits while bankrupting the company in the long term. IMO a very shortsighted decision, if
by Shorel 3mo ago
The usual very short term corporate thinking that maximizes quarter profits while bankrupting the company in the long term.
IMO a very shortsighted decision, if not downright stupid.
- tryagainian 3mo ago[dead]
- vasco 3mo agoWhat is short sighted is parroting this over and over. It's not insightful, interesting or adding anything else to the discussion than "mean people are bad".
- brookst 3mo agoIt’s also possible to bankrupt a company with excessive focus on the long term.
- Shorel 3mo agoIt would be very hard to find current examples of companies doing that harmful excessive focus on the long term. Only Valve comes to mind and they are anything but bankrupt. Quarter profits maximization will create those loops of doing and undoing the same thing. If you check the successful companies (Apple, etc.) their activities are mostly year cycles.