• intensely_human@lemm.ee
    0·
    7 months ago

    Everybody says this, that companies are always seeking their current quarter profits, but:

    • That is irrational and I don’t see why they’d behave that way
    • Ive seen no evidence that they actually do

    Can anyone provide evidence that companies actually optimize for current quarter profits at the neglect of all other time spans?

    • ExperimentalGuy@programming.dev
      01·
      7 months ago

      I wouldn’t take the meme so literally that they’re only talking about current quarter profits, but just that they want growth in general.

      • intensely_human@lemm.ee
        0·
        7 months ago

        I’m not referring to the meme but to the popular, articulated belief that companies are hyper focused on the current quarter’s profits. It’s often provided as explanation for bizarre behaviors by companies.