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The cost of being a publicly traded stock has gone way, way up. It doesn't make sense for a little company to be public anymore. A lot of little companies are going private to be rid of these burdensome requirements.

Charlie Munger
Cost, Gone, Littles
Charlie Munger's opening remarks at the 2005 Wesco Financial Annual Meeting, www.tilsonfunds.com. May 4, 2005.
The cost of being a publicly traded stock has gone way, way up. It doesn't make sense for a little company to be public anymore. A lot of little companies are going private to be rid of these burdensome requirements.