underscored

@underscored

1 clip · 1 follower

Follow
Tag:shareholder-valueClear

The best thing a company can do is compound capital efficiently over a long period of time. That's what creates shareholder value. Most companies don't do it because they're distracted by quarterly earnings, acquisitions that destroy value, or just bad capital allocation decisions.

— Charlie Munger, Berkshire Hathaway Annual Meeting Q&A (2015)
6mo ago

Underscored — save the words that stop you in your tracks.

Start saving quotes →