Thats either because your boss privately wants to hoard wealth, or is trying to set the books up for a clean sell.
Public means you sacrifice everything in the name of profit.
Private means you operate on the ideals of the private owners.
A private owner can have ideals of profit. A public company cannot have idealistic shareholders.
Publicly traded, aka private property, means you operate on the ideals of private owners, sacrificing everything in the name of profit.
Publicly owned means almost the opposite, but almost nothing is publicly owned in the US at this point.
Private property ≠ personal property.
It’s clear from context that he was discussing publicly-traded companies because, like you said, there basically are no public companies in the US. Your post is unnecessary and pedantic.
I dont think you responded to the right comment, Im talking about the difference between types of companies, not property.
I’m also talking about different company structures, and how they relate to the type of property that they are.
