@timrichards
It’s a great question & never discussed enough.! 🙏🏻
There are dots but no one around long enough to join them… Short-termism. A few years ago all the big LICs (Listed Investment Companies) in Australia were pointing out that as long-term investors they were there to grow value - not short-term gains. They were quite miffed to be treated the same as short term profit takers. It’s a different mindset to think ahead ten years vs next quarter. As @Salvo points out in a neat real world example down thread.
#ShortTermism #longTermInvestment #LICs #ListedInvestmentCompanies #AusPol #AusBusiness #joinTheDots #reconnectingConsequencesToCauses