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by yjftsjthsd-h 1161 days ago
> So why would you expect businesses to behave in a way other than maximizing ROI?

If I had invested in a company, I would prefer them to maximize my return over a span of decades, not over the next quarter by inevitably undercutting their long-term performance. For some reason, the market currently favors short-term gains in a way that inevitably compromises long-term results.