Public equities refer to shares of companies that are traded on stock exchanges, allowing investors to buy and sell ownership stakes in these businesses. When a company goes public, it offers its shares to the public through an initial public offering (IPO), enabling it to raise capital for growth and expansion. Investing in public equities can provide individuals with the opportunity to participate in the financial success of companies. The value of these shares can fluctuate based on market conditions, company performance, and investor sentiment, making them a popular choice for both individual and institutional investors.