From: tnp@invalid.invalid   
      
   On 30/12/2025 10:03, Nuno Silva wrote:   
   > On 2025-12-30, Lawrence D’Oliveiro wrote:   
   >   
   >> On Mon, 29 Dec 2025 19:23:15 -0700, Peter Flass wrote:   
   >>   
   >>> On 12/29/25 14:59, Lawrence D’Oliveiro wrote:   
   >>>>   
   >>>> On Mon, 29 Dec 2025 07:33:43 -0700, Peter Flass wrote:   
   >>>>   
   >>>>> Unfortunately, it's a secret society, like the Freemasons.   
   >>>>> Currently the MBAs run the companies, so they hire people who   
   >>>>> belong to the same club. It's not about competence.   
   >>>>   
   >>>> That won’t work, though. Incompetent companies will get   
   >>>> out-competed by competent ones in the marketplace.   
   >>>   
   >>> Large companies are, by definition, incompetent. They buy up the   
   >>> small, competent ones and take them over.   
   >>   
   >> Competent companies are those who can make a profit. That means   
   >> offering products attractive enough for customers to keep buying them.   
   >> Companies that don’t manage to do this, go out of business sooner or   
   >> later. This idea that there is an ongoing cadre of incompetent   
   >> managers that somehow manage to obtain sinecures at company after   
   >> company ... just doesn’t make any business sense.   
   >   
   > For what you mention it only needs to be sustainable somehow,   
   > there's no requirement for *profit*. For earnings maybe, not profit.   
   >   
   Depends. A company needs to not make a loss to remain viable. This is   
   quite hard.   
      
      
   --   
   There is something fascinating about science. One gets such wholesale   
   returns of conjecture out of such a trifling investment of fact.   
      
   Mark Twain   
      
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