> in the interest of furthering his 300-year plan to build the largest company on the planet
At least they are not just looking for short-term and short-sighted profits, but that's a looong time.
At least they are not just looking for short-term and short-sighted profits, but that's a looong time.
But if you can afford to think like that, new opportunities open up that no one else can compete with you on.
And that time perspective makes issues like the dot-com crash or the 2009 financial crisis look laughably irrelevant. If you zoom out the performance graph to the entire history of the US stock market, the great depression looks a bit more like a temporary downturn, whose total value is a small percentage relative to today's current level.
Would appreciate a couple of examples.
Now, a hundred year term deposit, with interest payable at maturity ...
This reminds me of a book I've just read, Ernst Kantorowicz's "The King's Two Bodies", where he describes how the concept of "fiscus" (what later would be called the "royal purse", or the "royal domain") became "immortal" somewhere around the 1200s in Britain. This also reminded me that I wanted to check if anyone had made a connection or had written a book/study about the possible relation between today's big corporations (think Google, Apple) and what people in the Middle Ages had called in Latin as "corporatio" (or "corporate body", in the English translation).