The Value of Nothing: Capital versus Growth

Share This Post

Although a large proportion of American companies have incredibly high valuations, they’re not actually contributing to growth. Even though there’s more profit (and therefore, capital) to go around, many American companies are increasingly hesitant to invest it into innovative ventures, supposedly out of fear of the high risk, low reward profile. Instead, they would much rather restructure and divest in order to preserve their high return rate; “(e)liminating profit streams can actually increase shareholder returns when the remaining company trades at a higher valuation”. Read full article here

More To Explore

Science

An Eerie Poisonous Fog

If you’re visiting a farm, keep an eye out for an ominous-looking bronze fog. Nitrogen tetroxide, a red-orange gas, is made by certain bacteria during fermentation when oxygen is lacking in the crop. The lack of oxygen causes the bacteria to use the nitrate within the crops, which then produces nitrogen tetroxide. Inhalation of the gas is known to cause permanent lung damage or kill people and livestock. To prevent this, farmers have started performing nitrate tests after four weeks of fermentation. Read full article here

Psychology

Happiness Is Two Scales

It’s put forth that happiness and unhappiness should be viewed as two different ‘scales’, not either end of one scale. For instance, if you’re not satisfied with your life, try to identify the root problem: do you not have enough happiness, or are you just unhappy? Depending on your answer to the question, the solutions may differ. Read full article here

Do You want to embrace intellectual freedom and join our premium users?

FASCINATING READS, SUMMARISED

The occasional email full of conversation-worthy content