Though I barely understand such things, I'm very excited by your LTSE and Katsuyama's Investors Exchange (IEX).
Listening to your interviews about LTSE, my takeaway is that your goal is to allow companies to be judged on their own merits, instead of someone else's.
So one side effect may be to help migrate private equity funded companies back into the light. Terrific, right?
I hope others see that our markets are designed. They are human artifacts. They are not natural laws to be accepted as-is. That we can shape and nurture markets as we see fit. That the rules matter.
You and Katsuyama identified opportunities for improvement and engineered solutions. You're meta-geeks. Like programmers who make programming languages, so that others might benefit.
"We shape our buildings; thereafter they shape us." -- Winston Churchill
Though I barely understand such things, I'm very excited by your LTSE and Katsuyama's Investors Exchange (IEX).
Listening to your interviews about LTSE, my takeaway is that your goal is to allow companies to be judged on their own merits, instead of someone else's.
So one side effect may be to help migrate private equity funded companies back into the light. Terrific, right?
I hope others see that our markets are designed. They are human artifacts. They are not natural laws to be accepted as-is. That we can shape and nurture markets as we see fit. That the rules matter.
You and Katsuyama identified opportunities for improvement and engineered solutions. You're meta-geeks. Like programmers who make programming languages, so that others might benefit.
Happy hunting.