> Governments do not have the expertise to participate as an psuedo-activist investor.
Don't have an American bias when people share their cultures from around the world.
There are a lot of governments, and all of our experience with the American government basically means jack diddly with respect to the German government.
With that said, I do share your concerns, but I'm not going to make claims about a government I never visited and never worked with in my life that's roughly 10 time-zones away.
There's no American bias on this. If the world's activist investors employ extremely highly paid and numerous staff and maybe get things 50/50, what type of staff will a government employ that can do better?
Not all governments act like the typical government you know.
The German government, for example, owns several large banking groups, which act like any normal banking group – but their dividends directly go into the tax budget. (And they have to give loans at lower interest rates to the governments).
Normal bankers, in normal environment, and they’d probably never notice it was government owned.
Don't have an American bias when people share their cultures from around the world.
There are a lot of governments, and all of our experience with the American government basically means jack diddly with respect to the German government.
With that said, I do share your concerns, but I'm not going to make claims about a government I never visited and never worked with in my life that's roughly 10 time-zones away.