Point of Order

Can I please stop hearing the jabber and seeing the gibberish that identify companies as "public companies," or, "publicly held?" There’s no such thing, anymore than there’s such thing as "the public trust." Gobbledygook; floating abstractions.

They are publicly traded companies, meaning: that generally any member of the public may, if they so freely choose, buy and sell shares representing a fractional ownership of that company. They are not companies in which, literally, everyone owns a legitimate stake.

That’s all.


WHAT IT'S ABOUT AND HOW IT WORKS

Free The Animal is an eclectic writing project about everything since November 2003. 23 years, 5,500 posts, 5 million words.

It's a paid membership blog. Most posts are free and public, but only paid members can comment. What determines whether it's free or paid is when I publish. Monday through Friday, free and public. Saturday and Sunday, for paid members. That's it. Membership info here.