Professor Damodaran has a note on Elon Musk’s announcement of privatising Tesla. Even though the saga continues, I thought it was more interesting to focus on the Professor’s comparison of private businesses with publicly traded firms.
To summarise, we can look at the following table from his post:
Do check out this link to read the whole piece, which is full of some great insights.
Rishad is the founder of Kairos Capital. He started his career with Standard Chartered Wealth Management and has extensive experience in markets, particularly in terms of mutual funds and stocks.