alt Hacker NewsAs if businesses had more than a few quarters in mind. I really don’t think they care for they’re already extracted the profit when shit hits the fan.
As if businesses had more than a few quarters in mind. I really don’t think they care for they’re already extracted the profit when shit hits the fan.
The employees and executives might not care, but surely the shareholders do? If they really think "shit hits the fan" is going to happen any time soon, then they should sell their overvalued shares and buy some fixed income instrument like treasuries. Except they don't, because that'll be a dumb move. Despite the saying of "companies only care about the next quarter" being around for decades, the stock market has been on a tear, with little sign that "shit hits the fan" is going to materialize any time soon.