Quote: Dally "I appreciate that but again you are guilty of immediate term thinking rather than thinking what would be the case if they had not acted in such a self-interested fashion these last 15 or so years and grown these companies by investing cash piles in new ventures - by your analysis CT receipts could be much higher than they currently are.'"
You are guilty of thinking those companies of 15 years ago would still be big companies - look at the FTSE 100 from 15 years ago and compare to now and see how many companies are still in it? What is driving the growth of those companies that replaced those from 15 years ago? Surely its capital investment?