Damus
Mr Nasdaq · 2w
I wouldn’t hold anything indefinitely, every business, every stock, all on this earth goes at some point of time to zero.
Lyn Alden profile picture
Our holding period is intended to be decades or more. Like what Berkshire Hathaway does with its wholly-owned acquisitions.

Nothing lasts forever, and there are scenarios where we might have to wind something down or let it go, but the point is we intend to buy companies and hold them indefinitely or until the company one day becomes unviable. We don’t have a 4-7 year mandate to flip it out.
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nostrich · 2w
Well, if you hold the acquisitions forever that would make you a conglomerate, and we know that story doesn't have a happy ending. By my (limited) understanding, the conglomerates of the 70's were a reaction to antitrust law blocking more rational vertical integration and possibly pre-microcomputer...