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The second part is very significant. Many people want to diversify their risk, and public companies allow that. Rather own 10% each of 10 companies than 100% of
by Panzer04 5y ago
The second part is very significant. Many people want to diversify their risk, and public companies allow that. Rather own 10% each of 10 companies than 100% of one risk-wise.
- mcguire 5y agoNote that taking 100% of a company has been one of Warren Buffet's activities for decades.