I basically see two reasons for a going public: Glencore gets access to more money. It is a way of funding your business and to finance growth. Plus: You have more liquid shares. It is easier to leave the company and redeem your shares. The 'going public' may also be an exit strategy for the top management.

I miss New York. I like the country and I like the people. However, the U.S. political and legal system is prone to overreaction.

I miss New York. I like the country and I like the people. However, the U.S. political and legal system is prone to overreaction.

You can't run a business based on sympathies; otherwise our business would be hampered.