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Re: NoMoDo post# 340130

Wednesday, 09/28/2022 7:46:23 PM

Wednesday, September 28, 2022 7:46:23 PM

Post# of 343682
I provided an example of how a real holding company operates - those are cold hard facts not some nonsense to protect the incompetent CEO Sharp.

What has he accomplished as the CEO of GRDO/FORW that would impress anyone but those married to FORW?

You stated:

"It is a holding company. Holding companies get their income from investments, not revenue"

That isn't true as I have posted the Berkshire revenue. When a subsidiary actually generates revenue - the Holding company receives the revenue minus the COGS and SGA - that is the holding company’s revenue.

A consolidated subsidiary, means that its earnings, assets, and liabilities will be included in the holding company’s financial statement.

IG

The First Casualty of Emotion is Reason.