Wrong. You are being too much "economic idealism" - the market is not perfectly efficient and theres easily enough room for companies like I describe, and they exist today, especially in more well rounded European countries.
And then seperatly, we are talking about the definition of "well run companies" and I was putting forward my definition of one, which is what we are talking about in this thread.
And then seperatly, we are talking about the definition of "well run companies" and I was putting forward my definition of one, which is what we are talking about in this thread.