Huh interesting I hadn’t really considered that but if you think about it, that alone could really be responsible for a large part of the economic problems facing the US today. An argument against publicly traded companies I guess.
Not really. If you don't want to deal with that bullshit, you limit the shareholders.
The thing is that going private allows you to amass a large amount of money in a short amount of time.
The problems the US have can be traced back to the fed, and creating large amounts of money out of nothing.
Well obviously the fed is a large part of the problem's in the US but the behavior of companies acting against the interest of the country and system that allows them to exist in the first place could definitely be traced to they are legally required to behave in a way that considers nothing but profit.
I'll have to get back to you on that one, it's midnight here, and brain isn't working properly at the moment.
We should start by stopping quarterly reports. All that does is force publicly traded corps to chase profits.
Not disagreeing but I do wonder what your logic here is?
What can a company realistically do in 3 months? I heard it talked about on the radio one morning while driving into work but I don't remember the exact details. It revolved around the companies not being able to really develop ideas/processes which lead to knee-jerk reactions when changes put in place just needed refining.
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