It can be argued that long-term thinking is already part of the current market structure, for example take Amazon or Tesla which trades at extraordinary PE ratios. In essence investors are betting in the far future these companies will make money. How does the long term stock exchange differ?
How would companies live up to the long-term expectations? Who's holding them accountable? What's the investor's discovery mechanism for more long-term oriented companies? These are some of the things we think about.
