4 ms·
>nobody on Wall Street can see past the next Quarter's numbers. I don't need the economist to point that out. This funny to read on a tech oriented website. I
by itsoktocry 4y ago
>nobody on Wall Street can see past the next Quarter's numbers. I don't need the economist to point that out.
This funny to read on a tech oriented website.
I agree that the quarter by quarter financial goals can be a "shortsighted", and I think the problem is even worse when it comes to the 4 year political cycle (2 years if you consider the fact the Houses can change hands).
But Wall Street is still filled to the brim with public companies espousing some future fantasy profits that may or may not ever come. We are as far away from shortsightedness there as we've ever been. One only has to looks at ARKK research to see this.