I don't think this accurately captures the trade-off that exists implicit in things like this, the risk/reward.
Prioritizing profit early on could mean less reinvestment, slower growth, and ultimately less dominance of an industry (or a smaller industry).
Depends on your risk appetite. For many investors, the biggest cost is how much of their time it takes for a projected possible payout.
It's a different argument that people aren't accurately evaluating the inputs. But to hyperbolically state one is vanity, the other sanity, reflects but one perspective.
Prioritizing profit early on could mean less reinvestment, slower growth, and ultimately less dominance of an industry (or a smaller industry).
Depends on your risk appetite. For many investors, the biggest cost is how much of their time it takes for a projected possible payout.
It's a different argument that people aren't accurately evaluating the inputs. But to hyperbolically state one is vanity, the other sanity, reflects but one perspective.