The primary driver of returns for high profitability companies…

The primary driver of returns for high profitability companies is growth in assets. High profitability companies mostly deliver returns by getting bigger, with a decrease in gross profit/assets ratio offset by an increase in valuation multiple.

— from True North (Ethics, Integrity, Truth, Values)

Also belongs to

• Expanding Your Range (Growth/Change/Education/Learning/Habit)
• Leadership & Business (Leadership/Business)

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