Comment by spwa4

You forget that the whole idea that public companies sell on the stock market is that any management, any idiot with an MBA, could just come in and take it over, making roughly the same profit as the people that sold.

If you don't believe that, you shouldn't be investing.

If you're going to make this argument, it'll only apply to private companies in founders' hands, maybe to family businesses, but certainly not to public companies.