· 方法论

主张优先长期增长而非短期现金流,以PayPal为例。

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中文翻译

@highonlifedeal2 确实,目前市场似乎只想要自由现金流(FCF) + 巨额现金储备或股息/回购,就像 $AAPL 那样。 我同意扎克伯格的观点,虽然这会压缩短期自由现金流,但他们将在长期增长中得到回报。 作为股东,我认为优先考虑长期增长优于低增长的自由现金流,然后再由公司进行回购,正如 $PYPL 的回报所显示的那样。

英文原文

@highonlifedeal2 True, right now markets just want FCF + large warchests or dividends/buybacks I guess, like $AAPL. I'd agree with Zuckerberg that although it compresses near term FCF, they'll be rewarded over time with long term growth. As a shareholder, probably better to prioritize long term growth over a low-growth FCF then buybacks company as seen with $PYPL's returns.

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