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But a handful of banks turned out to be profitable long-term investments that August.
Meanwhile, governments are relying more and more on private companies to finance and build water infrastructure, in return for profitable long-term licences to run local monopolies.
After the dissolution of the monasteries, many newly rich landowners in Scotland and England found a profitable long-term investment in artificial plantations established on poor land.
"Both the recovery and the future growth of the music business require companies like Deezer to develop profitable, long-term business models that deliver for all industry players — from authors and artists to digital distributors".
A 2004 academic survey found that the majority of managers questioned would not proceed with a profitable long-term project if it meant that the company would miss the consensus forecast of profits in the current quarter.
Built around 1940 by the Metropolitan Life Insurance Company, Parkchester, with its 171 red-brick buildings set amid grass and trees, was meant to be an urban village for working-class families and a profitable long-term investment.
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It's our obligation to our shareholders and to the other 7,000 people at Dow Jones to keep it profitable long term".
Mr. Marchionne has long argued that consolidation is vital to the global auto industry if it is to become profitable long term.
He explained that he saw Google's search and ad businesses as the core driver of its revenue, and YouTube, Android and Chrome as products that consumers liked but that needed more investment to become profitable long term.
Mr. Buffett has said "the odds are good" that the directive contracts tied to stock markets would be profitable long term, but he was more pessimistic about derivatives linked to corporate debt.
It's simpler and more profitable than long-term rental, and there's less paperwork — but of course, it could limit housing options for people that, you know, actually live somewhere.
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