[vladTheInhaler]

Not every business has room to grow by a factor of 1000 or 100 or even two though. Some of them are close to the largest and most profitable they are ever going to be. I think the criticism of Wall Street is usually that they can't leave those companies alone, and have a compulsive need to squeeze what looks like exponential growth out of them through cheap trick like cutting staffing levels and shaving R&D budgets, at the expense of long-term viability.

Th other side of the coin with regard to "economic dynamism" is robustness against systemic shocks. See for instance this company [1] which started over 1000 years ago, and due to its lack of "dynamism" has cash on hand to survive indefinitely with no revenue - a property that turned out useful when a global pandemic disrupted their operations.

Wall Street investors get absolutely no credit from me for expecting to wait ten whole years for their absurd, physics-defying hypergrowth. When they are lining up to fund a stand that will make mochi by hand for the next 1000 years, then I will concede that they may have learned a bit about long-term planning.

[1] https://www.nytimes.com/2020/12/02/business/japan-old-compan...