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In the discussion thread: I just don't get Exxon [View all]

Response to vlyons (Original post)

Tue Oct 23, 2018, 06:25 PM

1. Actually, they did back then. Past managements took a hint from the old AT&T and...

set up research centers preparing for the day when they would sell fewer petroleum products. Alternate energy products were in the mix as both a hedge and broadening their markets.

The money guys ended up running things, though, and now nothing is more important than shareholder value which is too often measured by quarterly profits.

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vlyons Oct 2018 OP
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TreasonousBastard Oct 2018 #1
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Pope George Ringo II Oct 2018 #4
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