Comment Re:I thought they're making money... (Score 1) 201
You'd think so, but it's a long, slow buildout to get that return, so growth! would be slow. Companies don't much care about stable profits, since that just means a stock price that stays flat, no it has to be about growth! Without growth! how does a CEO prove he's the guy to make your stock price go up?
It's the most infuriating thing about modern America, really - everyone's chasing capital gains, and dividends are often seen as a bad thing. For a long time there was a good tax reason for that - that's largely fixed now - but the culture is stuck on growth! regardless.