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Comment by wizzwizz4

5 days ago

Why do you think profits are important?

I would think that profits are important to investors, since that's why they invest in the first place. Maybe not though.

  • The original claim was "Most jobs are really not important either, they just keep people busy." Causing numbers to change on a balance sheet is not important, unless that corresponds to actual worthwhile work – in which case, the worthwhile work is what matters, and the balance sheet is just an artefact of accounting for it.