Comment by idiotsecant 1 day ago As opposed to shareholders, who ravenously seek to maximize short term profits and sink the company. 3 comments idiotsecant Reply arcfour 1 day ago That's why there are no publicly-traded companies more than a decade or two old. Oh, wait... delecti 1 day 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 1 day ago It didn't say can. It stated it rather definitively, which I wanted to point out the absurdity of.
arcfour 1 day ago That's why there are no publicly-traded companies more than a decade or two old. Oh, wait... delecti 1 day 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 1 day ago It didn't say can. It stated it rather definitively, which I wanted to point out the absurdity of.
delecti 1 day 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 1 day ago It didn't say can. It stated it rather definitively, which I wanted to point out the absurdity of.
arcfour 1 day ago It didn't say can. It stated it rather definitively, which I wanted to point out the absurdity of.
That's why there are no publicly-traded companies more than a decade or two old. Oh, wait...
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.
It didn't say can. It stated it rather definitively, which I wanted to point out the absurdity of.