Originally Posted by romansh

Some of the big reasons
Capital rationing
Company politics

In my experience quite a few opportunities (and no doubt mistakes) pass a company by before it completes it's due diligence.

I wonder how many minutes Bill Gates thought about buying the operating system before reselling to IBM?

I am not arguing that some form of analysis won't make for better decision, it's just there is no guarantee. Remember that economics is the 'dismal science'.

ps I still don't believe in the concept of right and wrong when it comes to morality. I'm not sure that morality exists outside of a societal construct?

All the best