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So excited to see this vision come together Eric. I honestly hope one day we're taking HMBradley public on the LTSE. I have never felt more aligned with a missi
by zbruhnke 6y ago
So excited to see this vision come together Eric. I honestly hope one day we're taking HMBradley public on the LTSE. I have never felt more aligned with a mission or a vision, Systematically allowing companies to take a long term view without being punished is what the market needs.
Or put another way ... Adam Smith > Milton Friedman
I cannot wait to see where this goes and the mechanics LTSE puts in place to help reward long term thinking and long term holders
- eries 6y agoThank you!
- itsoktocry 6y ago>Systematically allowing companies to take a long term view without being punished is what the market needs. Why is the default that companies are "punished" for long-term thinking? I'd bet that there are far more cases of long-term investors "punished" in the public markets by short-term thinking executives than vice versa.
- zbruhnke 6y agoThe simplest answer to this is regularly tying executive compensation to short term stock performance ... it leads to more Jack Welch's and less Jeff Bezos' ... Ballmer is another prominent example, Microsoft all but died under him while his key metric was stock price, that's not a win in my book