this post was submitted on 04 Nov 2025
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[โ€“] mnemonicmonkeys@sh.itjust.works 2 points 3 days ago (1 children)

Privately owned firms tend to be really bad because they don't have a feduciary duty to long term value.

Neither do publicly traded companies. All they are required to do is make money for shareholders, and most of them push for short-term value

[โ€“] LodeMike@lemmy.today -1 points 3 days ago

The profits are taken away from the trading price, yes

Although it still helps the long term price