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by matz1 1989 days ago
I think more accurate to say the fiduciary duty is to make money as much as possible. At least that I would want the my company to do.
1 comments

Try to find a legal statement to that effect. You’ll find a lot of people claiming that but there’s nothing binding for the reasons I gave: nothing is certain in business and people will reasonably differ about the best ways to produce growth over any non-trivial time scale. Remember all of the people who very confidently said that Apple was wasting its time with phones and would never overtake Nokia?