Stock markets already are oriented toward long-term growth — see Amazon, Lyft and Uber. And a system of “long-term voting rights” is bad for investors, says this former SEC chief economist. Read More...
The proposed Long-Term Stock Exchange gets two things badly wrong
Stock markets already are oriented toward long-term growth — see Amazon, Lyft and Uber. And a system of “long-term voting rights” is bad for investors, says this former SEC chief economist.