#shorttermism — Public Fediverse posts

@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

@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

@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

@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

@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

@Salvo
Good example of short-termism - thanks for sharing that! 🙏🏻

#shortTermism #cutOffNoseToSpiteFace #onlyConnect #reconnectingConsequencesToCauses

@timrichards

@Salvo
Good example of short-termism - thanks for sharing that! 🙏🏻

#shortTermism #cutOffNoseToSpiteFace #onlyConnect #reconnectingConsequencesToCauses

@timrichards

@Salvo
Good example of short-termism - thanks for sharing that! 🙏🏻

#shortTermism #cutOffNoseToSpiteFace #onlyConnect #reconnectingConsequencesToCauses

@timrichards

@Salvo
Good example of short-termism - thanks for sharing that! 🙏🏻

#shortTermism #cutOffNoseToSpiteFace #onlyConnect #reconnectingConsequencesToCauses

@timrichards

@Salvo
Good example of short-termism - thanks for sharing that! 🙏🏻

#shortTermism #cutOffNoseToSpiteFace #onlyConnect #reconnectingConsequencesToCauses

@timrichards

Harvard Law Professor Mark J. Roe argues that short-termism in stock markets is overstated, emphasizing that shareholder activism can drive innovation and that environmental issues stem from externalities, not investment horizons.
#YonhapInfomax #ShortTermism #MarkJRoe #ShareholderActivism #Externalities #KoreaUniversitySeminar #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70672

Harvard Law Professor Mark J. Roe argues that short-termism in stock markets is overstated, emphasizing that shareholder activism can drive innovation and that environmental issues stem from externalities, not investment horizons.
#YonhapInfomax #ShortTermism #MarkJRoe #ShareholderActivism #Externalities #KoreaUniversitySeminar #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70672

Harvard Law Professor Mark J. Roe argues that short-termism in stock markets is overstated, emphasizing that shareholder activism can drive innovation and that environmental issues stem from externalities, not investment horizons.
#YonhapInfomax #ShortTermism #MarkJRoe #ShareholderActivism #Externalities #KoreaUniversitySeminar #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70672

Harvard Law Professor Mark J. Roe argues that short-termism in stock markets is overstated, emphasizing that shareholder activism can drive innovation and that environmental issues stem from externalities, not investment horizons.
#YonhapInfomax #ShortTermism #MarkJRoe #ShareholderActivism #Externalities #KoreaUniversitySeminar #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70672

Harvard Law Professor Mark J. Roe argues that short-termism in stock markets is overstated, emphasizing that shareholder activism can drive innovation and that environmental issues stem from externalities, not investment horizons.
#YonhapInfomax #ShortTermism #MarkJRoe #ShareholderActivism #Externalities #KoreaUniversitySeminar #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70672

I've just signed this petition in response to the UK government's cynical decision to cut the international development budget to fund an increase in military spending. https://act.globaljustice.org.uk/dont-cut-aid-tax-wealth #Ukraine #wealthtaxes #UKLabour #shorttermism

Jack Welch's legacy at GE and its impact on American manufacturing, including Boeing, are critically examined, highlighting concerns about short-term profit focus and its long-term consequences for innovation and economic stability.
#YonhapInfomax #JackWelch #GeneralElectric #Boeing #ShortTermism #CorporateInnovation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=50540

Jack Welch's legacy at GE and its impact on American manufacturing, including Boeing, are critically examined, highlighting concerns about short-term profit focus and its long-term consequences for innovation and economic stability.
#YonhapInfomax #JackWelch #GeneralElectric #Boeing #ShortTermism #CorporateInnovation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=50540

Jack Welch's legacy at GE and its impact on American manufacturing, including Boeing, are critically examined, highlighting concerns about short-term profit focus and its long-term consequences for innovation and economic stability.
#YonhapInfomax #JackWelch #GeneralElectric #Boeing #ShortTermism #CorporateInnovation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=50540

Jack Welch's legacy at GE and its impact on American manufacturing, including Boeing, are critically examined, highlighting concerns about short-term profit focus and its long-term consequences for innovation and economic stability.
#YonhapInfomax #JackWelch #GeneralElectric #Boeing #ShortTermism #CorporateInnovation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=50540

Jack Welch's legacy at GE and its impact on American manufacturing, including Boeing, are critically examined, highlighting concerns about short-term profit focus and its long-term consequences for innovation and economic stability.
#YonhapInfomax #JackWelch #GeneralElectric #Boeing #ShortTermism #CorporateInnovation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=50540

Just started watching #Kaos - a show on #Netflix cancelled before my stats would add to the chance of it being renewed.

What good TV is being cancelled before it finds its audience? How is this correlated to the relentless drive for positive shareholder metrics? #shorttermism

Take your wins where you can get them, I guess:

"Oxford shuts down institute run by Elon Musk-backed philosopher"

#effectivealtruism #bullshit #longtermism #shorttermism #tescreal #futureofhumanityinstitute #FOHI #futureofhumanity #bostrom

https://www.theguardian.com/technology/2024/apr/19/oxford-future-of-humanity-institute-closes

Take your wins where you can get them, I guess:

"Oxford shuts down institute run by Elon Musk-backed philosopher"

#effectivealtruism #bullshit #longtermism #shorttermism #tescreal #futureofhumanityinstitute #FOHI #futureofhumanity #bostrom

https://www.theguardian.com/technology/2024/apr/19/oxford-future-of-humanity-institute-closes

Take your wins where you can get them, I guess:

"Oxford shuts down institute run by Elon Musk-backed philosopher"

#effectivealtruism #bullshit #longtermism #shorttermism #tescreal #futureofhumanityinstitute #FOHI #futureofhumanity #bostrom

https://www.theguardian.com/technology/2024/apr/19/oxford-future-of-humanity-institute-closes

Take your wins where you can get them, I guess:

"Oxford shuts down institute run by Elon Musk-backed philosopher"

#effectivealtruism #bullshit #longtermism #shorttermism #tescreal #futureofhumanityinstitute #FOHI #futureofhumanity #bostrom

https://www.theguardian.com/technology/2024/apr/19/oxford-future-of-humanity-institute-closes

Take your wins where you can get them, I guess:

"Oxford shuts down institute run by Elon Musk-backed philosopher"

#effectivealtruism #bullshit #longtermism #shorttermism #tescreal #futureofhumanityinstitute #FOHI #futureofhumanity #bostrom

https://www.theguardian.com/technology/2024/apr/19/oxford-future-of-humanity-institute-closes

Good news for humans!

"Oxford shuts down institute run by Elon Musk-backed philosopher. Nick Bostrom’s Future of Humanity Institute closed this week"

#Shorttermism #TESCREAL #longtermism #EA

https://www.theguardian.com/technology/2024/apr/19/oxford-future-of-humanity-institute-closes?CMP=oth_b-aplnews_d-1

“Corporations that take investors make an impossible promise to increase profits forever. Accordingly, they hire MBAs whose role is to juggle numbers to create ongoing, short-term profit. This juggling is frequently labelled ‘leadership’.”

https://zeldman.com/2024/04/01/our-lady-of-perpetual-profit/

#Business #Capitalism #ShortTermism

#CBI chief warns against ‘large scale #TaxCuts driven by #ShortTermism’ https://www.theguardian.com/business/live/2024/feb/08/china-prices-fall-deflation-stock-markets-ftse-bank-of-england-business-live
#ToryPoliciesInAction

Hard to understand "Web Environment Integrity" in isolation—it's part of a full stack

* in-browser ad features ("Privacy Sandbox")

* hiding from the advertiser where the ad ran ("Performance Max")

* working with sites that advertisers would not choose to sponsor ("confidential" entries in sellers.json)

Yes, it's a surveillance dystopia, but not as you might imagine them from fiction - more of a #shortTermism and #scamCulture thing. #WebEnvironmentIntegrity

https://www.hollywoodreporter.com/business/business-news/google-lawsuit-inflating-video-ad-metrics-1235546090/

Insightful article about the #bankingCollapse.

What seems to be the consensus is (a) mid-sized banks that cater to small-medium sized businesses, and that were (b) #bitcoin friendly, were specifically targetted. Targetted by a congressperson in an open letter, we might add.

The bitcoin side is not covered in this specific article, which takes a somewhat broad historic lens on #bigFinance and the effects of #shortTermism.

https://strategic-culture.org/news/2023/03/29/changing-the-rules-of-the-banking-game/

#smallBusiness

@RichPuchalsky
"They certainly know now, and they don't behave any differently."

I'm reminded of a point in the linked article, where a guy hired specifically to spearhead ethical investing is met with resistance from fund managers in his own company. The managers' excuse: Their duty to investors is to maximize this quarter's profits above all else. Can barely consider the consequences even 6 months in the future.

https://www.npr.org/2022/12/20/1144555936/esg-impact-investing-sustainability-blackrock-larry-fink

#Climate #Economics #ShortTermism

@mathew1927 @zerocovid

#shorttermism
#collapse

It's the extreme, and I do mean extreme, short-termism which is destroying society.

Goldman Sachs's Gus Levy wrote about "long term greed". That seems to be in very short supply right now, as every CEO sets fire to his seed corn for a dollar today.

The airlines actually started seeing damage from their "let it rip" policies within *weeks*, before the end of the *quarter*, but they didn't think that far ahead

#keirstarmer’s plans are welcomed. About time to move away from the #tory #shorttermism and #opportunistic plans. We need a professional and serious approach to our political problems the (tories) have generated during these last 12 years.

“Rishi Sunak is reversing a commitment made just weeks ago by his predecessor Liz Truss to build a major rail scheme in northern England in full, including a new station in Bradford.

The decision to pare back plans for a new high-speed line, known as Northern Powerhouse Rail, is the latest reversal of a Truss policy since the new UK prime minister took office last week.”

#ShortTermism

https://www.ft.com/content/fcc47f6a-337d-4788-ad5f-a5c54599a12c
#NorthernPowerhouse #NorthernPowerhouseRail

@djsumdog @icedquinn @lewdthewides @sullybiker
What is patently obvious is that #CentralBanking has been a disaster over the 108 years that we've had it.

Before centralBanking we had a lot of independent moneyPrinting also so it was also bad. Populations would scramble for #gold.

The future is going to be different. We think #bitcoin is a good development, that should make papacy-style #banking a thing of the past. It would cause a #culturalShift away from #shortTermism.