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More black market companies should be publicly traded so that exposure and price discovery is established. Or certain categories of vices whether they are legal
by vmception 5y ago
More black market companies should be publicly traded so that exposure and price discovery is established. Or certain categories of vices whether they are legal or illegal in their jurisdiction.
Whats the revenue multiple or the price to equity ratio on a brothel? If you don't know, thats the reason to float those shares.
People treat being publicly traded as a reward, and thats the mistake that clouds their judgement.
- driverdan 5y agoBetter yet, stop making these things illegal and let individuals live their lives the way they want.
- sbarre 5y agoYes of course because the world is really that simple.
- vmception 5y agoHopefully replaced with better consumer and worker protections.
- NationalPark 5y agoYeah, I'm sure DraftKing's organized crime partners will totally respect the NAP. Or GAAP.
- rchaud 5y agoIsn't that why Las Vegas exists?