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by asdfasdf32r3
3396 days ago
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I don't think this accurately captures the trade-off that exists implicit in things like this, the risk/reward. Prioritizing profit early on could mean less reinvestment, slower growth, and ultimately less dominance of an industry (or a smaller industry). Depends on your risk appetite. For many investors, the biggest cost is how much of their time it takes for a projected possible payout. It's a different argument that people aren't accurately evaluating the inputs. But to hyperbolically state one is vanity, the other sanity, reflects but one perspective. |
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