@crasher35 @aral the focus on short term growth is terrible. Why on earth do companies have to report every three months? Forces companies to think about how to cut costs quickly. Which is almost always layoffs. The incentives are all wrong.
@1ll173r47 @crasher35 Exactly :)
@1ll173r47 @aral Wallstreet's obsession with growth over *EVERYTHING ELSE* is so toxic. It makes good, functional businesses corrupt or causes them to falter and stumble when they were otherwise healthy.
How much growth can you expect out of entrenched giants like Microsoft or Apple? Yet they're constantly being pushed and prodded to expand their empires further.
It's ridiculous.