re: #297 sattv4u2

And by your own admission, they’ll still “produce income”, just not as much for THIS year.

Yeah, as I said, that single mistake wiped out half what their net income was last year.

I get that you’re very interested in arguing until you’re blue in the face that this isn’t a big deal. I don’t think you’ll find many people that agree.

If you’re going to play around with numbers: Their stock price dropped by eight points, out of 44. That’s more than a fifth of their worth, gone. Will it come back? Probably. Unless they make another mistake like that, and then it’ll dive again. It won’t ever get lower than the worth of their investments themselves, but as a company— rather than a stock and bond portfolio— if they can’t produce income, they’re not going to be trusted to produce long-term sound investments, either.