Interesting, but un-modeled industries
#24
So railroads are not only their own worst enemies, but like passenger airlines, determined to drive themselves out of business entirely?

That won't help the investors much, but then again, there are actually no laws whatsoever guaranteeing a return on investment to anyone. The stock market remains the largest form of legalized gambling in the nation. Probably why there are no more buggy whip or Stanley Steamer companies.
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