"We couldn't have achieved the profitability we have if we had been a public company. No investor would have been patient enough to allow us to build a firm oriented toward long-term growth and profits.... The short-term infatuation with quarterly earnings on Wall Street restricts the earnings potential of Fortune 500 publicly traded firms. Public firms are also feeding grounds for lawyers and lawsuits."
- Charles Koch (CEO Koch Industries, largest privately held firm in the United States)