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On Monday, 30 October 2017 20:50:16 GMT Dale wrote: |
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> I think we both agree that companies should look long term, it's not |
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> likely they ever will. Their stock owners would cringe if they did, |
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Not really. Pension funds would not cringe at all, but feel relieved they |
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found a company with clear focus on long term profit sustainability to invest |
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in. Short term algo-traders skimming the market will of course be displeased. |
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> the |
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> Govt types are going to get in the way if they can, regulate it to death |
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> if nothing else, and here we sit. |
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Regulation is the 'fix' governments have come up with to address market |
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failures, oligopolistic cartels and lack of true competition, instead of |
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admitting the obvious: natural monopolies like most public utilities are not |
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a good fit for privatisation, if the public good and tax payers' interests |
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count for anything these days. |
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-- |
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Regards, |
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Mick |