Quotes About Short-termism

The long-term focus of index funds is a much needed counterweight to the short-termism favored by so many market participants.

Si ya no dependen tantas cosas de la política, entonces es lógico esperar que se debilite no solo la voluntad de votar sino también el compromiso de los que siguen participando. Las opciones probablemente serán más volubles y más susceptibles de basarse en factores cortoplacistas. En la práctica esto también significa que los resultados electorales serán cada vez menos predecibles.

Most of the big banks were shot through with short-termism, deceptive practices and self-dealing. We must institute basic changes in corporate governance and in management practice to restore responsibility and honesty for the sake of the economy and for the self-respect of the country.

Promoting short-termism. Measured performance encourages what Robert K. Merton called "the imperious immediacy of interests … where the actor's paramount concern with the foreseen immediate consequences excludes consideration of further or other consequences."3 In short, advancing short-term goals at the expense of long-range considerations.

Costs to productivity. Economists who specialize in measuring economic productivity report that in recent years the only increase in total factor productivity in the American economy has been in the information-technology-producing industries.11 A question that ought to be asked is to what extent the culture of metrics—with its costs in employee time, morale, and initiative, and its promotion of short-termism—has itself contributed to economic stagnation?

Politics means facing up to hard choices and facing down prejudice, short-termism, the easy, tempting court of knee-jerk public reaction.

The debate on climate change has been tainted by its excessive concern with individual and national interests, short-termism, and lack of solidarity in face of global threats.

It is this short-termism, lack of ownership vision, selfishness and greed that is undermining our capitalist system.