this post was submitted on 16 Jul 2025
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Family-owned companies still think long term and stakeholders (vs. shareholders).
That is very very very often also not the case. There are probably many shitty private companies as public.
See: Cargill, Koch industries, Schwartz group, state farm and pretty much every insurance company in the US, deloitte, publix, subway, McKinsey, Vitol, etc...
I didn't talk about how good the companies were. Just their focus on short/long term objectives.
All the companies you mentioned are focused on long term goals (at least the ones I know). So you do confirm what I write 😃
How many of those are developing smartphones?
Is greed specific to smartphone-producing companies?