If all the huge profits that BT and other companies made in the consecutive years since privatisation had been wholly reinvested in their businesses, instead of being siphoned off into huge executive fat cat bonuses and in wasted dividends to shareholders;
Isn\’t he a dear.
Returns to capital, dividends to shareholders, they\’re simply wasted.
Yup, in CompassWorld the money you pay to people so that they\’ll allow you to play with their money is \”waste\”.
Slightly missing the point about markets and prices isn\’t he?