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The comment you replied to was just pointing out that, like how a founder-held company can get stuck pursuing the founder's obsession, a stock market held compa
by delecti 11mo ago
The comment you replied to was just pointing out that, like how a founder-held company can get stuck pursuing the founder's obsession, a stock market held company can also single-mindedly pursue quarterly gains to the detriment of long-term health.
There are old companies in either model.
- arcfour 11mo agoIt didn't say can. It stated it rather definitively, which I wanted to point out the absurdity of.