The Lean Startup and the Long-Term Stock Exchange (with Eric Ries)
Acquired
00:00
Focus on Short-Term Gains Over Governance
The individual described in the snip prioritizes short-term gains and efficiency in trading over governance issues. He has a very short average holding period in securities, around 10 minutes, and dislikes being obligated to vote on proxies. He views governance as a nuisance and would prefer it to be someone else's problem. Additionally, he highlights the challenges of trading large volumes of shares in comparison to smaller trades, emphasizing the efficiency of trading in smaller quantities.
Transcript
Play full episode
