"In a public corporation the product may be the shares of the stock, because **all decisions** made by the CEO and other internal stockholders, or by holders of options on stock and the board of directors (also stockholders), **are made not for the long-term health of the corporation but to keep the stock price up until the principals can cash out**." ([Location 2375](https://readwise.io/to_kindle?action=open&asin=B01A6EQFZ8&location=2375)) --- **Tags** -- [[quotes]], [[incentives]], [[leadership]], [[long-term-thinking]] **Source** -- [[20250423082057 - B - Let My People Go Surfing]]