82,891
edits
The Ultimate Purpose: Difference between revisions
Jump to navigation
Jump to search
no edit summary
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 16: | Line 16: | ||
Q: Will I make pots of reliable money for the shareholders doing this? <br>A: ''[a longer hesitation]'' ... um — depends on the assumptions underlying your value at risk model holding, which on 98% of all trading days they should do assuming ''[cont’d p 94]'' ... STOP NOW.}} | Q: Will I make pots of reliable money for the shareholders doing this? <br>A: ''[a longer hesitation]'' ... um — depends on the assumptions underlying your value at risk model holding, which on 98% of all trading days they should do assuming ''[cont’d p 94]'' ... STOP NOW.}} | ||
The point is not to disdain [[bitcoin]], or [[environmental, social, and corporate governance]], [[diversity and inclusion]], or even “transforming lives through learning and growth” — all of these are magnificent aspirations (except bitcoin, which is just stupid) — but as “purposes” they are [[Second-order derivative|second-order derivatives]] of your actual purpose, which is, and always will be, ''making money for the owner''. These corporate purposes are ways of illustrating ''how'' you will make that money, in ways that make it relevant, comprehensible and agreeable to [[Man on the Clapham Omnibus|the person on the Clapham bus]]. They should be commensurate with the Ultimate Purpose, but if they are not, they don’t trump it. They are not your purpose at all. | |||
{{sa}} | |||
*[[Disdain fashionable things. Especially ideas.]] | |||
*[[Second-order derivative]] | |||