Comment by andrewmutz
3 hours ago
The idea that Japanese companies provide more stability and lower returns on capital isn't a hypothesis, it's backed up by data
3 hours ago
The idea that Japanese companies provide more stability and lower returns on capital isn't a hypothesis, it's backed up by data
Failed businesses also tend to provide lower returns on capital, and that’s totally backed up by data. Doesn’t mean the “purpose” of those companies was to provide lower returns on capital.