Ty Webb
Hostage to Fortune
- Joined
- Dec 10, 2001
- Posts
- 6,524
Some of you seem to struggle with the difference between an "operating profit" and "net profit".
I could make $100 million this quarter, but if I decide to buy back stock, pay off debt, give myself a big fat bonus and buy a new office building . . . guess what? No profit.
It's not that hard to understand . . . . unless you don't want to understand it. . . . . .
I could make $100 million this quarter, but if I decide to buy back stock, pay off debt, give myself a big fat bonus and buy a new office building . . . guess what? No profit.
It's not that hard to understand . . . . unless you don't want to understand it. . . . . .