On Monday, 30 October 2017 20:50:16 GMT Dale wrote: > I think we both agree that companies should look long term, it's not > likely they ever will. Their stock owners would cringe if they did,
Not really. Pension funds would not cringe at all, but feel relieved they found a company with clear focus on long term profit sustainability to invest in. Short term algo-traders skimming the market will of course be displeased. > the > Govt types are going to get in the way if they can, regulate it to death > if nothing else, and here we sit. Regulation is the 'fix' governments have come up with to address market failures, oligopolistic cartels and lack of true competition, instead of admitting the obvious: natural monopolies like most public utilities are not a good fit for privatisation, if the public good and tax payers' interests count for anything these days. -- Regards, Mick
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