@grrgyle @techtakes I suspect steady/incremental returns mean dwindling asset value in the current business environment, typified by rapid churn and major tech transitions every decade (to say nothing of climate change and an unstable global political situation). If 10% of your investment portfolio becomes non-viable every decade (eg. no good owning coal fields any more) you have to grow fast or die. At least, that’s how the investment funds see it.