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Leaving aside some of your odd claims, I’m happy to answer the question. Our definitions and standards are laid out in excruciating detail in our hundreds of pages of legal filings. Here’s a good place to start if you are interested: https://www.sec.gov/rules/sro/ltse/2019/34-86327.pdf

Also this may be of some interest:

https://longtermstockexchange.com/static/principals_for_lt_s...



You don’t have any key ideas that you can express without linking to “hundreds of pages of legal filings”? His claims are not odd at all, you really haven’t put any effort into distilling the incentive design.

It’s not impossible to express complex incentive design or push readers in the right direction to understand this. What is the essence of what is quantitatively or contractually different about LTSE?


The first link seems to be a 14-page memo and the second link a 28-page marketing document.

As someone who writes these docs for a living, don't be afraid to read the legal stuff. It's just text.


I’m more flummoxed by the suggestion that expressing the basic idea concretely would be too hard than I am scared of reading a legal document.



Snake oil is snake oil.


The second link, shows this on the second page

""Long-term focused companies should measure success in years and decades and prioritize long-term decision-making""

So, maybe the short answer is that? And the longer answer is 28 pages laying out details.


Indeed, often legal language is left as open to interpretation when new so that the manifestation of reality can polish it over time. This is a new venture; being imprecise about “long-term” now is, in my interpretation, the right move, because it should be refined over time based on how this all plays out.

The idea is good, in my opinion, and will develop over time to become more concrete, most likely.


The principals for it success white paper was what I was looking for, thank you.




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