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People have short term vision because everything gets reduced to quarterly results now. Changes take time. Investing now makes sense - not for the next quarter
by juve1996 4y ago
People have short term vision because everything gets reduced to quarterly results now. Changes take time.
Investing now makes sense - not for the next quarter or year - but for the next decade. Is anyone really going to bet the chip market won't be larger in 10 years?
- oytis 4y agoDepending on how technology progresses the market for chips manufactured with today's processes might or might not be larger.
- juve1996 4y agoIs that true now? My understanding is the chip shortage isn't just in high end new chips, but also older chips for use in things like cars and other embedded applications.
- bonestamp2 4y ago> everything gets reduced to quarterly results now Yes, it's interesting how we're so short sighted in the west compared to some parts of Asia and Europe. For example: my friend works for a Japanese company and their roadmap and outlook for success of a new product is 10 years. I was listening to a podcast and they were interviewing a guy from luxury conglomerate LVMH and they think about how today's products will affect their brand in 100 years. That's an extreme example of course, but it's still an interesting perspective to consider.