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We need a new exchange that focuses on driving profits for shareholders over a longer term especially ones with wider goals. I think there is a market desire fo
by samtho 4y ago
We need a new exchange that focuses on driving profits for shareholders over a longer term especially ones with wider goals. I think there is a market desire for companies that have positive social or public goals but still make sense organized as a for-profit. What we might get is less pan-flash/hyper-growth-startup-IPO and more organically grown companies with a certain amount of staying power and positive social or public goals.
Our current model of “must have quarter over quarter growth” is a good a check in theory but it’s too easy to cut corners in the short term instead of solving systemic, organizational problems which just kicks the can down the road.
- TylerE 4y agoWonder if something like a one year lock in period would work. The fundamental change seems to have been circa 1960’or so, when stocks went from being things that earned a dividend - and the dividend is where most of the return came from, to most companies reducing and then stopping dividends altogether.
- cheriot 4y agoHow does the exchange shares are trade on impact the incentives for management and shareholders? ltse.com has never made sense to me.
- samtho 4y agoI would say that remains to be seen. I think the goal is to ultimately asking incentives to longer term views instead of quarterly ones, which may end up taking a different form down the road.