Christiana

And I'll tell you why. I'll tell you why. Okay. In my mind, I think we can draw a direct line between quarterly earnings and the destruction of most things society has held near and dear.

And I'll tell you why. I'll tell you why. Okay. In my mind, I think we can draw a direct line between quarterly earnings and the destruction of most things society has held near and dear.

I think the shitification of everything, as I call it, I greatly attribute to quarterly earnings because the quarterly earnings has made it so that every CEO of every major company has to make sure that the reporting that they do four times a year shows that the company is making more money and is more profitable. Four times a year you have to do this.

I think the shitification of everything, as I call it, I greatly attribute to quarterly earnings because the quarterly earnings has made it so that every CEO of every major company has to make sure that the reporting that they do four times a year shows that the company is making more money and is more profitable. Four times a year you have to do this.

And because you have to do this and because it affects the share price and your job as a CEO, your incentive is now to make sure that every quarter your company makes more money than it made in the previous quarter or the money is going up versus looking at the long-term prospects of the company, the employees, and the thing that you're actually trying to do in the world.

And because you have to do this and because it affects the share price and your job as a CEO, your incentive is now to make sure that every quarter your company makes more money than it made in the previous quarter or the money is going up versus looking at the long-term prospects of the company, the employees, and the thing that you're actually trying to do in the world.

And so when I look at every service, I... I am yet to find a company that became a better version of itself once it went public.

And so when I look at every service, I... I am yet to find a company that became a better version of itself once it went public.

Right? I genuinely have yet to see an example of that.

Right? I genuinely have yet to see an example of that.

So I thought about this. I thought about this. I thought about like, why not ban publicly listing and all this thing?

So I thought about this. I thought about this. I thought about like, why not ban publicly listing and all this thing?

So I do think from the little, because I went and asked some of the people who work in Wall Street and all of this, and they said, there is a major advancement that we should never take for granted that came from allowing people to collectively come in to build something, even though they weren't there. So I can see the value in that and I can understand it. And I was like, you know what I mean?

So I do think from the little, because I went and asked some of the people who work in Wall Street and all of this, and they said, there is a major advancement that we should never take for granted that came from allowing people to collectively come in to build something, even though they weren't there. So I can see the value in that and I can understand it. And I was like, you know what I mean?

Because I don't want to just be like, ah, ban all IPOs. Some people would say that, ban it all. I can see why. I wouldn't be against banning it, but I think there would be a second system effect that I can't predict right now. So what I would say is I would just ban the reporting of how much money people have made.

Because I don't want to just be like, ah, ban all IPOs. Some people would say that, ban it all. I can see why. I wouldn't be against banning it, but I think there would be a second system effect that I can't predict right now. So what I would say is I would just ban the reporting of how much money people have made.

I have to do everything in my power to not say anything. He's going to say something about Nigerians.

I have to do everything in my power to not say anything. He's going to say something about Nigerians.

I think the downside of you knowing is worse for the general public. So here's what I... I understand what you're saying. And I still say, remember, there's still ramifications in my world. So if people are corrupt and all that, we will still catch them. They will just be caught later. They still have to report. But then your money's gone. But your money's going to be gone regardless.

I think the downside of you knowing is worse for the general public. So here's what I... I understand what you're saying. And I still say, remember, there's still ramifications in my world. So if people are corrupt and all that, we will still catch them. They will just be caught later. They still have to report. But then your money's gone. But your money's going to be gone regardless.