Quote:
Originally Posted by jonesy
Yes I agree, it can't be random in what you buy. For example it might make sense to buy a cash strapped company in your industry that had a good product/service/technology but had very slow sales or a debt, then you would control the assests when times got better, but you bought it at a fraction of its potential value.
So should Toyota buy GM as an example Only if they think that in the future the products/technology will be good enough to make a large return in the long haul. Guess you have to look at the potential bagged of said company as well. Don't want that to drag you down to your own death.
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Yup, AMD learned that lesson pretty good.
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