this post was submitted on 20 Jul 2026
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The problem is with no juniors, you don't get any seniors in 5 years. Every expert was once a beginner...
Companies thinking long-term in 2026!? You're funny...
Here's the thing, Warren buffet argumently the best stock market person in history based everything on long term gains. P&g coke a cola etc long term company long term profit invest in them
Sure but he was also investing when the stock market was also slightly attached to reality which hasn't been true in a decade at least.
It was always gambling but now numbers must go up at all costs
That has always been the case and is written into law that a publicly traded company must do anything possible to make more money.
It's not actually law and that's just what companies want to be the belief for them behaving reprehensibly
If they didn't, other companies would be more attractive to capital, its how competition works.
Am I reading this wrong? https://uslawexplained.com/fiduciary_duty
Yes, I believe you're interpreting that page incorrectly. Fiduciary duties are law bindings for specific relationships and situations not applicable for all publicly traded companies to all shareholders.
I believe you're confusing that idea with the theory of shareholder supremacy that's a claim, popularized by the likes of Jack Welch to support their actions.
The background comes from Dodge v. Ford Motor Co. in 1919 which stated
and the interpretation has been quite debated.