Originally Posted by
Uninteresting
for what it’s worth, the chief investment officer of kkr was just on cnbc and said “with FedEx, one of big investment ideas is this whole idea of companies going from capital heavy to capital light. What did FedEx just tell you? They’re going to make their capital structure more efficient.”
Translated:
Real company built by real people slowly gutted to become virtual company that slowly dies as consumer realizes the effects of company not actually existing in the physical world.
Pesky "capital assets" are turned into money and given as handouts to shareholders. Brand name (built by capital assets and people) also bled dry and turned into shareholder handouts.
Mission complete.