Hacker News new | ask | show | jobs
by kjkjadksj 810 days ago
It is bizzare. All the old guard foundations of society type companies that the world relies on for modernity have stocks that barely budge but pay out decent dividends. Maybe tech stocks that have grown to such a position should consider paying out dividends instead of failing to chase exponential stock price growth while still clearly doing a lot of productive things. I expect the shareholder boards prefer the chance of exponential wealth over steady returns and prevent this mindset from emerging.