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