XPost: comp.os.linux.misc   
   From: tnp@invalid.invalid   
      
   On 04/12/2025 18:20, rbowman wrote:   
   > I don't think the old model of dividends is the driving factor in a market   
   > based on pump and dump. That elementary school description of the stock   
   > market ain't how it works.   
      
   That is partially true. I have a friend who used to be corporate   
   investor liaison at a large rail and bus transport company.   
   Some investors simply wanted to play with a full size train set.   
   Some were politically motivated.   
   Some just wanted top ROI, even if babies are being murdered in their   
   beds to get it. Its 'just business' to them.   
      
   Remember that it is people like BlackRock who are top investors. There   
   are literally billions sloshing around in pension funds looking for a   
   home that returns well and doesn't violate terms of the funds investment   
   policy.   
      
   Remember when you are investing *other peoples money* and get paid a   
   percentage no matter if the investment wins or loses, the game is different.   
      
   You are more concerned with not losing your job than maximising returns.   
      
   The worst that can happen is your fund gets sold to someone else and you   
   get a golden parachute for not being very good at it.   
      
   And those funds tend to prefer long term boring stable 'good dividends'   
   companies.   
      
   I was discussing this with my friend in the context of Rolls Royce's new   
   small nuclear subsidiary. He absolutely said that 'there is no way that   
   wont get spun off as a separate entity, because Rolls Royce is primarily   
   a cash cow paying dividends based on jet engine maintenance contracts,   
   And exist for investors who want that risk profile. They are not the   
   investors who want to bang a billion into a company that will pay no   
   dividends for years but whose actual stock value will, if they do it   
   right, go up tenfold'   
      
   So whilst RR SMR division is ultimately aimed at making a lot of money,   
   its not currently the driving force behind corporate policy. First they   
   have to get the engineering and type approval all on message.   
      
   Once they are selling reactors like jet engines, the risk profile   
   changes and so will the investors   
      
   --   
   New Socialism consists essentially in being seen to have your heart in   
   the right place whilst your head is in the clouds and your hand is in   
   someone else's pocket.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)