Stop Focusing on Profitability and Go for Growth
Harvard Business
MAY 1, 2017
Our models suggest that by 2025 global financial capital could easily surpass a quadrillion dollars, more than 10 times global GDP. Equity cash flows, in turn, are a function of a company’s long-term return on equity (ROE), growth, and the value of shareholders’ equity on its books. times global GDP).
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