Monday, September 16, 2013 6:30:50 PM
The 20% is risk-free. The 80% has to pay for all expenses plus the 20% off the TOP. Maybe their net will be 20% too but could be less after all expenses are paid. We get 20% off the top no matter what the expenses are.
Take a look at any profitable company and compare the top line and the bottom line. Take GE? Their last 10-Q shows $35B in top line revenue and $3B in bottom line profit. Which would you rather have? 20% of the top line or 50% of the bottom line?
Take a look at any profitable company and compare the top line and the bottom line. Take GE? Their last 10-Q shows $35B in top line revenue and $3B in bottom line profit. Which would you rather have? 20% of the top line or 50% of the bottom line?
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