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Q: What must the off price chain do to succeed in the future?
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Is really willpower required?

In order to succeed, you must first possess the will to succeed.


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You must have both to succeed.


Why is the goal of financial management to maximiize the current share price of the company's stock in other words why isn't the goal to maximize the future share price?

Maximizing the current share price is the same as maximizing the future share price at any future period. The value of a share of stock depends on all of the future cash flows of company. Another way to look at this is that, barring large cash payments to shareholders, the expected price of the stock must be higher in the future than it is today. Who would buy a stock for $100 today when the share price in one year is expected to be $80?


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Because humans are selfish and thinks that he/she is the one who must succeed instead.


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