Stop Focusing on Profitability and Go for Growth
Harvard Business Review
MAY 1, 2017
Global capital balances more than doubled between 1990 and 2010 — from $220 trillion (about 6.5 So, in real terms, debt financing is essentially free. Next time you're deciding about a big investment, NPV can help you make a more informed decision. times global GDP) to more than $600 trillion (9.5 times global GDP).
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