Absolutely! As a part-owner in a company that’s exactly what I expect. I’m not putting my money in a company because I’m feeling generous.
I have to prioritize my and my family’s own financial well being. If a company gives poor returns, I’m incentivized to reallocate my capital to companies that give me better results.
That sums up the depth of the author understanding.
Doing pointless things is wonderful, anyway.
Do you like increasing shareholder value?
Absolutely! As a part-owner in a company that’s exactly what I expect. I’m not putting my money in a company because I’m feeling generous.
I have to prioritize my and my family’s own financial well being. If a company gives poor returns, I’m incentivized to reallocate my capital to companies that give me better results.