Stock Exchange
topic on 3 shows · 4 statements across 3 episodes
Founders
the Knowledge Project
Big Technology
4 statements about Stock Exchange, every show
Publicly traded companies are incentivized to behave like psychopaths
“PLCs, or companies on the NASDAQ, or the, you know, stock exchange, are incentivized to behave like psychopaths, because they're optimized around short-term transactional value, not long-term relationship building.”
Sutherland: Non-Listed Companies Deserve a Trust Mark as They Are More Trustworthy
“We should actually have a kite mark that allows consumers to prefer to buy from companies which aren't listed on some stock exchange somewhere, and hence aren't controlled by the finance function, because they're more trustworthy.”
Ferrero: Private ownership enables decade-long product development horizons
“I was able to do all this because we're a family business and we're not listed on the stock exchange. This allowed us to grow calmly. To have long-term plans, to know how to wait, and to not be caught up in the frenzy of the daily ups and downs.”