Public Pool

Pooling allows us to have a slice of something bigger. If you buy a house, it is yours or it isn’t. Private Property. Mostly, it is also the banks because it is easier to borrow for. Equity is different. You can buy and sell smaller slices of ownership. It isn’t as either or. A share/stock is a slice of ownership in a real underlying business. Public Equity. It is like getting your money a part-time job with clear constraints rather than giving it a boss with 24-7 access to its email and phone number. Your money can work at multiple companies. With multiple suppliers. In multiple countries. For multiple clients. It is not in a Scrooge McDuck pool of coins. It is working. An Equity Fund is when you have units of a pool of money that a professional equity manager chooses jobs for. A Public Pool.  An Equity Analyst acts as the Engine Driver, doing the Due Diligence on the underlying businesses. When you need money, you sell units. If the money does a good job, over time it grows. If that growth is sustainable, it can power your focus on things that don’t make money.