Comment Potentially Good (Score 1) 71
The Public Markets have rules and laws that incentivize very destructive and predatory behaviors. Corporations behave like psychopaths to hit quarterly numbers for 'fiduciary duty' laws.
Private assets don't have these so they can build real companies with an eye on the future.
But private companies don't have nearly as much access to capital because all the investment money goes into retirement because of stupid tax laws which goes into psychopathic public companies.
And then Blackrock / State Street / Vanguard collude to tell these companies how to behave socially and politically, often against the interests of everyone else in society.
Of course this could be done poorly but the idea has merit. Congress is most likely to screw it up, but who knows, maybe they won't.
That's peak optimism for 2026.