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Letters to a Young Manager
Savings and Reinvestment
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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?]
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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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, E. G. Happ, All Rights Reserved.