Wednesday, October 5, 2016

If earnings accrue to firms ..whither equity one way : Equity centrally owned but decent rally mangaged

Yes we could draft up a market for exchanging equity shares

Distributed among autonomous portfolios

Why bother ?

To signal firm level performance ..with an incentive to root out high and low performers

And simulate the incentivizing  stakes that exists with  heterogeneous ownership
Without heterogeneous ownership

Part of the new socialization model competition