Wiseacre
Retired USAF Chief
" You are unfamiliar with the sense of entitlement that the moneyed carry, if they arnt collecting a certain margin of profit to justify their risk, they simply shut down, meeting customers needs doesnt factor into it. "
Actually, this is true. You say it like it's a bad thing, if a business isn't producing enough profit to make it worthwhile then he/she is going to take steps to make the enterprise worth the time, effort, and risk to keep it going if they can. That's how you weed out the bad ideas and poor managers, the the diligent ones from the get rich quick crowd. Free enterprise baby, there are winners and losers everyday. That's the way it's supposed to work, why do you think so many businesspeople bust ass for years on end puting all their time and energy into their business? Most of 'em don't quit when things get tough.
Seriously, do you really think a businessperson should stay in business if it isn't turning enough profit? Why? Question: which stocks do you have in your 401k? I'm guessing the ones that make the most money for you. So why is that okay for you but not them?
Actually, this is true. You say it like it's a bad thing, if a business isn't producing enough profit to make it worthwhile then he/she is going to take steps to make the enterprise worth the time, effort, and risk to keep it going if they can. That's how you weed out the bad ideas and poor managers, the the diligent ones from the get rich quick crowd. Free enterprise baby, there are winners and losers everyday. That's the way it's supposed to work, why do you think so many businesspeople bust ass for years on end puting all their time and energy into their business? Most of 'em don't quit when things get tough.
Seriously, do you really think a businessperson should stay in business if it isn't turning enough profit? Why? Question: which stocks do you have in your 401k? I'm guessing the ones that make the most money for you. So why is that okay for you but not them?