I spent some time reading through all the transcripts of the Q&A of Munger Daily Journal (ticker: DJCO)’s sessions at shareholder meetings during his 10 years (2014-2023) . Summarized my personal thoughts and ideas in the article you are reading now.
Category: Law Firm
A brief discussion on partnership
In addition to venture capital firms, accounting firms, law firms, consulting firms, private equity funds, investment banks, and wealth asset managers; these types of large companies are usually partnerships──unless they are companies To go public, it will be reorganized into a limited company.