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the observation that "the markets are too short term focused" is not a useful starting point for a moneymaking strategy because it can be shown with a simple ex
by sheepleherd 10y ago
the observation that "the markets are too short term focused" is not a useful starting point for a moneymaking strategy because it can be shown with a simple explanation to a layperson that it isn't even an observation, it's a myth... is where I started and where I'm going.
I don't think using terms such as convexity explains anything to anybody, but if it indicates to you that the market is too short term focused, you should just print money with a derivative security that prefers companies that lose money in the short term because that will with no effort uncover all the long term strategies...