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The stock market is a poor arbiter of whether a business decision is good for the long run. Traders are good at outguessing each other in the short term, but ha
by pw0ncakes 17y ago
The stock market is a poor arbiter of whether a business decision is good for the long run. Traders are good at outguessing each other in the short term, but have no sense of the long term.
- CWuestefeld 17y agoAgain, how about a citation? On what basis do you believe that they're not reflecting the long term?