Hacker News new | ask | show | jobs
by CodeWriter23 3313 days ago
I think maybe you are reading too much into it. Adding "value" to a company's bottom line by purchasing assets COMPLETELY outside of the core competency of the company tilts the scales toward cooking the books and away from creating actual value.
1 comments

Why? Berkshire Hathaway did this in the past. Holding companies can be well diversified.