One truth the supply chain crisis has exposed is the need to make more products in America. Some products are more important than others. Creating manufacturing dependencies is a huge risk.en.m.wikipedia.org/wiki/For_Want_… 
2/ Clayton Christensen identified a major cause of dysfunctional offshoring of manufacturing:
"Reducing assets is much easier than increasing revenue. So if a CEO is rewarded for a good RONA ratio, the incentive is to outsource aggressively."
google.com/amp/s/www.dese…
"Reducing assets is much easier than increasing revenue. So if a CEO is rewarded for a good RONA ratio, the incentive is to outsource aggressively."
google.com/amp/s/www.dese…
3/ New Church of Finance formalized beliefs and taught them in schools. They're all ratios. Examples:
Return on Net Assets (RONA)
Economic Value Added (EVA)
Internal Rate of Return (IRR)
DCF is not only the best measure for investors, it is patriotic.morganstanley.com/im/en-us/finan…
Return on Net Assets (RONA)
Economic Value Added (EVA)
Internal Rate of Return (IRR)
DCF is not only the best measure for investors, it is patriotic.morganstanley.com/im/en-us/finan…
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