4 ms·

The "blind" focus on quarterly reports is real. It had me wonder what the opposite would be... Imagine we forged a formula for 1000+ year projects. They would

The "blind" focus on quarterly reports is real. It had me wonder what the opposite would be... Imagine we forged a formula for 1000+ year projects. They would require more money periodically and the availability of new funds would have a strong influance on the value of previous cash injections. One could buy the "failing" project cheap then simply do the new cash injection yourself OR in case of success one could obtain the shares for less than their value. We have so many papper driven games like this already. I see no reason why this one wouldnt work. The fun questuon to ask... What could we build that would take 1000 years?

vadimberman 9y ago
> What could we build that would take 1000 years? A great what-if. While not exactly the same, I think you could look at the publicly funded projects like the Euro-projects, NASA, or the Soviet space program that still yield results. Now imagine the big public companies doing the same.
tbak 9y ago
You might be interested in the wonderful book series "The Three-Body Problem" by Liu Cixin. It explores (among countless other things) how huge expensive projects that last multiple generations could be implemented.
- eries 9y ago
  This book is wonderful even apart from its interest in Long-Term thinking
twobyfour 9y ago
A great place to begin to explore would be medieval European cathedrals, many of which took 500 years or longer - dozens of generations - to complete.