> Key differences separate the past from now. The railroads were a new industry with no cash flow; it was all about future growth.
Conversely, a finished railroad remains incredibly useful as the years pass, while a warehouse full of racks of specialized computer-chips depreciates much faster.
> Key differences separate the past from now. The railroads were a new industry with no cash flow; it was all about future growth.
Conversely, a finished railroad remains incredibly useful as the years pass, while a warehouse full of racks of specialized computer-chips depreciates much faster.