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smiley1437 | 3 months ago

Alliance Laundry which makes Speed Queen recently IPOed:

https://ir.alliancelaundry.com/news-events/press-releases/de...

Once a company goes public they tend to focus more on earnings per quarter, causing decision making to be more short-term.

Not great when, as a consumer, you hope to get a product that will last 20+ years.

discuss

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robotnikman|3 months ago

Oh no... better buy one now if you have the chance.