3 ms·
The public markets are fucking stupid. A good company is managed for the next 25 years while a public company has to be managed for the next quarter. This is wh
by spoonjim 4y ago
The public markets are fucking stupid. A good company is managed for the next 25 years while a public company has to be managed for the next quarter. This is why private equity investing, including angel investing, beats the socks off of public marketing investing if you know what you're doing (barring access to things like public market manipulation capabilities or insider information)
- raverbashing 4y agoTrue. But the money is too good on the public markets