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> The label of "profitable" itself is pretty meaningless, given that you are at battle over many many years against competitors.

Good God, that's a terrifying statement.

When business stops being about "making money", I don't know what we're doing anymore.

The point of battling the competition is to make money. It's not about crushing them, beating them, or even being more profitable than them. It's about making money.

Yes, it's absolutely valid to choose to sacrifice a period of profitability in order to strategically set yourself up for better profits later. And if crushing the competition is how we do that, great.

But this game of never making profits is a fools game. If I invest my money in your company, it's because I expect you to make me money.

If the only way you make me money is by raising the value of the stock, then we're in a game of Dutch tulips, and the only question is whether I can time selling my stock properly to not be the greater fool.

But if you make me money by running a profitable company and disbursing the dividends, I'll hold onto that stock forever.

One of those approaches is ethical. The other is a scam.



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