I hate that HN allows downvotes for disagreement rather than off-topic or non-sensical commenting. You make a good point. I'm reminded of the movie Avatar, "there’s one thing that shareholders hate more than bad press, and that’s a bad quarterly statement."
I'd imagine the downvotes are because it's a factually inaccurate statement (as I understand it). Duty to maximize profits is a myth, which I think I first heard about here on HN!
Oh dang I stand corrected. My statement could remove the fiduciary part and replace it with human nature and remain correct I think. It’s a basis of economics that the firm seeks to maximize profits where feasible.
