I first heard about the Long Term Stock Exchange on an episode of the ZigZag podcast. I remember being stunned by how radical of an idea this is -- we hear everyday about new companies and technologies, but to start a new securities exchange alongside NASDAQ and the NYSE dedicated to long termism?

I've always felt a bit of a struggle when it comes to buying stocks. On one hand, I want to be money smart. On the other, taking part in this short termist, capitalist market doesn't feel quite ethically aligned. Which is why I'm very excited to see the LTSE grow -- I am by no means a green finance enthusiast, but if there were a stock exchange that is focused primarily on listing socio-environmentally driven companies with a sound, long-term, multi-stakeholder policy, I would feel a lot more comfortable investing.

Resources:

• ZigZag pod with Manoush Zomorodi - S5 EP1: Eric Ries' Radical Stock Market Experiment
• Forbes interview with LTSE President Emeritus Michelle Greene (2021), “What If A Stock Exchange Prioritized Long-Termism Instead Of Short-Term Gains?”
• Samanani and Benedetta Massimo (2017), “Sustainable finance: short-termism, climate crisis and the need for a transition”
• Robert Gerlach (2018), “Sustainable Innovation as an Antidote to Corporate Short-Termism”
• Curran and Chapple (2011), “Overcoming the Barriers to Long-term Thinking in Financial Markets”