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by SpicyLemonZest
2275 days ago
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It's a good argument for why companies shouldn't monomaniacally focus on profit, but in practice they don't really seem to do that in the first place. (In fact, one of the prevailing concerns about the recent stock market has been that it focused too little on profit, with many large tech companies trading at extreme multiples of their earnings based on stories about how cool and important they are.) |
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