Stocks represent ownership stakes in an underlying business. Ultimately, enough ownership can be turned into control at those businesses, and control can result in decision making powers. The right or wrong decision managing those businesses can be the difference between creating generational family wealth or eventually filing a company for bankruptcy, so control can have huge value when there’s a difference of opinions on the right path / strategy for a company.
High finance, Hi Drama
- Sent from my iPhone
Ah ah ah "sent from my iphone" reveals the real level of many of those guys involved in multi millions transactions...
I guess TPL isn’t alone in being ripe with boardroom drama these days!
https://specialsituationinvesting.substack.com/p/tpls-governance-battle#details