InvestorsHub Logo
Followers 87
Posts 9709
Boards Moderated 0
Alias Born 07/22/2011

Re: Jacapo post# 38300

Monday, 02/29/2016 2:30:37 PM

Monday, February 29, 2016 2:30:37 PM

Post# of 38473
Getting rid of people will substantially lower costs. That's generally one of the benefits of letting people go.

I didn't say Ali would be successful now that he has done that but they had an issue with profitability and lower costs may help. I also don't think the outcome would have been much different had they stayed on board so the point may be moot.

It's a wait and see IMO.




If anyone says they have an investment philosophy, remind them that a monkey picked a winning portfolio over a fund manager...then fling your poop at them.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.