Profits are no longer important.

[timosman]

I agree. Anyone can generate revenue. Just sell dollars for 90 cents a piece and your revenues will soar.

Now get uncle Sam to chip in for 11¢ on each dollar and you don't need to show any profits. Solar panels anyone?

 

[Krugminator2]

Hell, even revenues don't matter anymore. It's all about the PPT/ESF and CBs.

The stock markets in a nutshell:

GOPRO REVENUES DOWN 47%, STOCK UP 6%
http://www.businessinsider.com/gopr...-but-shares-are-up-6-percent-2016-7?r=UK&IR=T

CNBC can't say enough about how great "sit-on-ass" companies like Facebook and Google (also big intel gathering companies, of course) are doing though.

GoPro is down 90% over the last couple of years.

Now get uncle Sam to chip in for 11¢ on each dollar and you don't need to show any profits. Solar panels anyone?

Almost every solar company in the world went bankrupt over the last few years. It seems profits do matter.

 

[timosman]

GoPro is down 90% over the last couple of years.




Almost every solar company in the world went bankrupt over the last few years. It seems profits do matter.

Going under is part of the plan. How else would you siphon off the investment money? Making profit? That takes way too much time.

 

[oyarde]

Investing is not as hard as people make it . Buy things people are going to buy / use if they are making anything at all , even in deep recession. Electricity, Nat gas ,auto parts , tires , funeral homes , beer etc Notice this list does not include electric cars , social media or other junk, LOL

 

[LibForestPaul]

Future profit is what it's all about. Plowing money back into the business wipes out profit, but usually means higher future profit. Taking profit now means less investing for future profit. Growing revenue usually means a growing business and more likely higher future profit.

Negative interest rates, fiat currency, currency wars, naked shorting, tungsten gold...I think profits are of little importance to large publicly traded companies.

 

[timosman]

Negative interest rates, fiat currency, currency wars, naked shorting, tungsten gold...I think profits are of little importance to large publicly traded companies.

I think in the post Enron era Sarbanes-Oxley makes inflating profits very problematic, the revenues on the other hand .....
We may find out we are living in Enron 2.0 era where only revenues are being inflated. The proof for that would be a sudden jump in employee "productivity" as we go from the small businesses to Fortune 500 companies. If somebody would like to take a crack at that it would be great.