“Keeping all the profit” seems like a bad strategy to me. The only way a company is going to succeed is to continue to grow & the only way to continue to grow is to reinvest. There’s also inflation & all that. Sitting on a big pile of cash isn’t the same as it used to be in the Scrooge McDuck days.
“Keeping all the profit” seems like a bad strategy to me. The only way a company is going to succeed is to continue to grow & the only way to continue to grow is to reinvest. There’s also inflation & all that. Sitting on a big pile of cash isn’t the same as it used to be in the Scrooge McDuck days.
I agree. It was supposed to mean “keep all the (profit—reinvestment)”.