Comment by 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.
It didn't say can. It stated it rather definitively, which I wanted to point out the absurdity of.