The Stacking Benjamins Show · Wednesday, July 29, 2026
Joe highlighted that Fidelity's status as a privately held, family-controlled company allows it to avoid the constant pressure from shareholders and Wall Street to maximize profits and growth. This enables the company to maintain its long-standing culture and ownership structure.
“And I think that's why they are so different from many of their competitors.”
“Because they don't have the same kind of pressure from shareholders, from the market, from Wall Street, to constantly increase profits, to constantly grow, to constantly be public.”
“And that's why they've been able to maintain this culture, this family ownership, for so long.”