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Letters to a Young Manager

Savings and Reinvestment, #425
LTYM >

Please note that this letter is in-process; the following are my notes

Dear Adam,
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2) What happens when the CFO wants to take all savings?  If managers don't have the incentive of reinvestment, what's the motivation work harder at savings? Another story?]
***
Sincerely yours,
Ed
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References...

Takeaways:

Being able to reinvest savings is a strong incentive to create savings

Discussion Questions:


For Further Reading:




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