This Bloomberg video interview reveals that you can count legendary PGA Tour champion Jack Nicklaus as another businessman who has had enough of the public form of corporation:
The biggest mistake I ever did was let my guys talk me into taking a part of the company public. That was the biggest mistake I ever made. I had no idea what–what the rules and laws were of a public company. And we did a public company. And a lot of people lost money, including me…It was a great lesson. But, you know, if you’re gonna get into that business, you better know what the devil you’re doing.
Nicklaus discusses a number of different topics during the 20 minute interview, including his golf course design business and the evolution of Tiger Woods. Check it out.