The Warning Bell: Why Investors Should Beware of Company Extravagance
Company extravagance is the excessive spending of money by a company on things that are not necessary for its operations. This can include things like lavish executive compensation, opulent offices, and extravagant marketing campaigns. Company extravagance is a red flag for investors because it can be a sign that the company is not being well-managed. Companies that are spending excessively on non-essential things are less likely to be profitable, and they may be more likely to take on unnecessary risk.
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