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Yeah, the problem seems to be more about short-term thinking. So then, why are shareholders becoming so short-sighted? My theory is the increased abstraction b
by _bxg1 7y ago
Yeah, the problem seems to be more about short-term thinking. So then, why are shareholders becoming so short-sighted?
My theory is the increased abstraction between shareholders and actual businesses is to blame. Having patience for long-term thinking by a company means understanding the business, seeing why they're doing what they're doing, looking at the long-game for how things will work out in the end. More and more it seems like shareholders just want to play the market; buy low and sell high with little interest in getting their hands dirty with the business itself.