this post was submitted on 11 Jun 2024
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We're mostly negative on publicly traded companies because their ceo is legally obligated to squeeze blood from a stone or they quite literally will get sued by the shareholders, plenty of examples out there. The exceptions are usually there because the previous owners wrote contracts, etc to help keep the company as it was prior but even then it only works for so long. Check out Ben and Jerry's and their whole debacle on the subject.