It seems noone cares about profits anymore, it is all about revenue, e.g FORTUNE 500 is based on revenue. It seems the reality has been distorted by the availability of cheap credit.
Revenue = Control
Control = Agenda implementing
That's all that matters right now and why profits don't matter. As long as the revenues are there, social engineering and control mechanisms in the hands of the corporations can move forward. Insiders have revealed in the past that controlling the multi-national corporations is much more important to Agenda implementation than controlling governments themselves because it's easier to control the corporations, then use the corporations to bend the will of governments toward the goals of the corporations.
Last edited by devil21; 07-24-2016 at 12:59 PM.
"Let it not be said that we did nothing."-Ron Paul
"We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book
As long as money is coming in, bills can be paid.
#NashvilleStrong
“I’m a doctor. That’s a baby.”~~~Dr. Manny Sethi
All the while claiming the major objective of a corporation is the shareholder profit. How do you reconcile this?Originally Posted by devil21
Just too silly to further respond.
Mises was once asked what was the defining feature of a market economy, and responded "a stock exchange."
(crucial because it represents an efficient allocation of capital goods)
There is no longer a functioning stock exchange in this country, so...
???
Anecdotal but, I saw when precious metal prices came crashing down a few of the miners(I didn't look at many) were cutting cost by getting rid of contractors... but were still running damn near the same throughput and were still recovering the same amount of metals per ton of material. From my perspective revenues are cherished because they can be used as a pass-through to profit privately held companies. The good ol' circle-jerk, shareholders be damned.
Thats wrong. They ranked by revenue but that's only one of the criteria that's used to determine inclusion.
Ask the stockholders (owners).
Profits are actually illusory gains too many times. And those people are taxed on those increases.
Say a person owns stock in a company that goes up in value by 5%. Those people are taxed on the 5% increase, but inflation is never factored in. Even if inflation were 10 or say 20%, people would still be taxed by the entire 5% when they actually lost money. Not in quantity, but in purchasing power.
1776 > 1984
The FAILURE of the United States Government to operate and maintain an Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.
The Elimination of Privacy is the Architecture of Genocide
Belief, Money, and Violence are the three ways all people are controlled
Future profit is what it's all about. Plowing money back into the business wipes out profit, but usually means higher future profit. Taking profit now means less investing for future profit. Growing revenue usually means a growing business and more likely higher future profit.
Tax is theft. War is murder. Conscription is slavery. Government is organized crime.
The better places do both at the same time .
I don't think that what the OP was asking. The OP was about why profits don't matter and aren't even reported. You have to dig through the financials of the company to find out if it is even profitable. It's all about revenue now and why? Amazon is a great example of this phenomenon.
Last edited by devil21; 07-28-2016 at 10:43 AM.
"Let it not be said that we did nothing."-Ron Paul
"We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book
Remember P/E - https://en.wikipedia.org/wiki/Price%...earnings_ratio ?
I agree. Anyone can generate revenue. Just sell dollars for 90 cents a piece and your revenues will soar.
Fixed that fer'ye.
freedomisobvious.blogspot.com
There is only one correct way: freedom. All other solutions are non-solutions.
It appears that artificial intelligence is at least slightly superior to natural stupidity.
Our words make us the ghosts that we are.
Convincing the world he didn't exist was the Devil's second greatest trick; the first was convincing us that God didn't exist.
Illusory? How do you reason? "Profit" has a very specific definition where business is concerned:
Given this widely accepted working definition, how do you come to the assessment that profits are "illusory"?What is 'Profit'
Profit is a financial benefit that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs and taxes needed to sustain the activity. Any profit that is gained goes to the business's owners, who may or may not decide to spend it on the business.
Read more: Profit Definition | Investopedia http://www.investopedia.com/terms/p/...#ixzz4FkQKUP86
Follow us: Investopedia on Facebook
What do you mean? There are all manner of considerations and distinctions between "profit" and "real profit". These distinctions are central to all manner of business considerations, as well as those economic.Say a person owns stock in a company that goes up in value by 5%. Those people are taxed on the 5% increase, but inflation is never factored in.
Only by people who do not have the aid and benefit of GOOD accountants.Even if inflation were 10 or say 20%, people would still be taxed by the entire 5% when they actually lost money.
This is what is often referred to as "economic loss". To be clear:Not in quantity, but in purchasing power.
What is 'Economic Profit (Or Loss)'
An economic profit or loss is the difference between the revenue received from the sale of an output and the opportunity cost of the inputs used. In calculating economic profit, opportunity costs are deducted from revenues earned. Opportunity costs are the alternative returns foregone by using the chosen inputs, and as a result, a person can have a significant accounting profit with little to no economic profit.
Read more: Economic Profit (Or Loss) Definition | Investopedia http://www.investopedia.com/terms/e/...#ixzz4FkRVUx5d
Follow us: Investopedia on Facebook
freedomisobvious.blogspot.com
There is only one correct way: freedom. All other solutions are non-solutions.
It appears that artificial intelligence is at least slightly superior to natural stupidity.
Our words make us the ghosts that we are.
Convincing the world he didn't exist was the Devil's second greatest trick; the first was convincing us that God didn't exist.
I care about profits. To say "it" is all about revenue seems perplexing as I cannot quite make out what that is supposed to mean, exactly. Total revenue is a nice thing to bump upward, but it's the ratios that count... return on assets (ROA), return on investments (ROI, often confused with ROA), and return on equity (ROE). What counts is how much my invested dollar returns to me in profit. To say profit doesn't matter is nonsensical, unless you are running a non-profit organization, in which case gross revenue would still not be the figure of central significance, but rather again a ratio that would signify the overall efficiency of the operation. Since I've not been involved with non-profits, I would not know what that ratio would be called, though it may be ROA. Anyone?
freedomisobvious.blogspot.com
There is only one correct way: freedom. All other solutions are non-solutions.
It appears that artificial intelligence is at least slightly superior to natural stupidity.
Our words make us the ghosts that we are.
Convincing the world he didn't exist was the Devil's second greatest trick; the first was convincing us that God didn't exist.
Hell, even revenues don't matter anymore. It's all about the PPT/ESF and CBs.
The stock markets in a nutshell:
GOPRO REVENUES DOWN 47%, STOCK UP 6%
http://www.businessinsider.com/gopro...16-7?r=UK&IR=T
CNBC can't say enough about how great "sit-on-ass" companies like Facebook and Google (also big intel gathering companies, of course) are doing though.
Last edited by devil21; 07-28-2016 at 05:49 PM.
"Let it not be said that we did nothing."-Ron Paul
"We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book
Now get uncle Sam to chip in for 11¢ on each dollar and you don't need to show any profits. Solar panels anyone?
GoPro is down 90% over the last couple of years.
Almost every solar company in the world went bankrupt over the last few years. It seems profits do matter.
Going under is part of the plan. How else would you siphon off the investment money? Making profit? That takes way too much time.
Investing is not as hard as people make it . Buy things people are going to buy / use if they are making anything at all , even in deep recession. Electricity, Nat gas ,auto parts , tires , funeral homes , beer etc Notice this list does not include electric cars , social media or other junk, LOL
Last edited by oyarde; 08-14-2016 at 09:16 AM.
Negative interest rates, fiat currency, currency wars, naked shorting, tungsten gold...I think profits are of little importance to large publicly traded companies.
I think in the post Enron era Sarbanes-Oxley makes inflating profits very problematic, the revenues on the other hand .....
We may find out we are living in Enron 2.0 era where only revenues are being inflated. The proof for that would be a sudden jump in employee "productivity" as we go from the small businesses to Fortune 500 companies. If somebody would like to take a crack at that it would be great.
Posting Permissions
Reply With Quote
Connect With Us