Marc Rich Quotes

The future will find one of its great problems is deciding how big a business enterprise must become before the public is entitled to know the full details of its management.

I wish we could be private with Tesla. It actually makes us less efficient to be a public company.

The good parts about being a public company are increased discipline, increased execution and increased transparency to make sure that you are really building a company for a hundred years.

Fortunately we're not a public company - we're a private group of companies, and I can do what I want.

My obligation is to disclose companies in which I'm an officer, a director, or an investor.

Just like a script, you need to keep a business plan to yourself.

Don't go public before you can be public.

There's not a whole lot of advantage for a company to be public.

In the future, my communications with the public and with the markets will be entirely through regular and formal channels.

Regarding our links with the Russian government, Severstal is a private company with no government participation. We are answerable to our shareholders.

Clearly as you move to being a public company, probably even more than growth, there is a huge value based on predictability.

It's a special thing to be a public company.

The public may admire a corporation for its impressive size. Who in the United States doesn't? But when a business, however gigantic, gets smug enough to believe that it is sufficient only to match competition on trivial points instead of leading competition in valid matters, that business is becoming vulnerable to public disfavor.

If you're going to run a public company, be absolutely certain of what the parameters are, what the clarity is, that you can explain it to yourselves and explain it externally.

I have never seen Jeff Bezos, Marc Benioff, or Reed Hastings complain about being public. Nor have they ever argued that being public prevented them from doing things with a long-term focus.

I don't think I'd enjoy running a public company. We haven't needed to go to the market to fund expansion.

As much as possible, you simply don't give out information to the public, that is the first principle.

I hope we’re on the road to more truth-telling to investors.

Most leaks from large bureaucracies are “good” leaks: no danger to national security, no harm to innocent people, information the public ought to know.

For some companies, going public makes the most sense. For others, remaining private is preferable.

The reason for looking at a public listing instead of private capital is that I have always enjoyed running a public limited company.

There are positives and negatives to publicly traded and private companies.

What happens to a private company that comes out with a quarterly report and an annual report? It gives transparency. It talks of basic issues of governance and transactions with related parties.

It's very easy to criticize the CEO of the market leader.

Going public is one step in the life cycle of a company; it's not the last step.