想象一家在财务上但在法律上没有结构的公司作为基金会，通过首次公开募股筹集了大量资金，而没有花费任何资金。

The corporation invests the money in real estate yielding assets and spends only part of the interest generated as operative budget of the corporation, distribute half of the rest as dividend and keeps the other half as retained earnings, thereby increasing its real estate portfolio of yielding assets.

Do You realize these competitive advantages of the Perpetual Company?

1. The management could always think long-term.
2. It would have endless bargaining power within its means.
3. Thus it would never have to accept a compromised deal.
4. Its growth on the stock market would be steady.
5. Nobody would have to worry about the corporate existence.