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Showing posts from May, 2006

(the) GROWTH

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Let’s start off traditionally with this tiny iceberg tip of a discussion on growth with a selection from a definition (The American Heritage® Dictionary of the English Language, Fourth Edition): growth 3. An increase, as in size, number, value, or strength; extension or expansion. To our civilization, growth in this sense of the word is something to strive for. Certainly, in terms of our stock portfolios, growth is always looked upon as a fine thing. Our money must grow. Our worth must grow. Our status must grow. Our possessions must grow. Our economy must grow. These are absolute musts in our society. No one wants the economy to stagnate. Share holders of a corporation expect capital growth, and CEOs are hired to make this happen. It is their legal responsibility to do so. Is it right, though, to expect growth to be something that should last forever? Currently, no corporation in the world would ever be content with zero growth. Negative growth would be a cause for great concern. Perh