> “In the short run, the market is a voting machine but in the long run it is a weighing machine.” Today's "short run" is last year's "long run" so either that

> “In the short run, the market is a voting machine but in the long run it is a weighing machine.” Today's "short run" is last year's "long run" so either that statement is false or voting and weighing machines are the same thing. It sounds profound though.