SHIFT TO Long term investing (AlexEdmans)

2016
27
October
2016
| 12:45 Europe/Amsterdam
How should businesses make decisions? The textbook answer is to do a calculation – to trade off the costs and benefits. For investment decisions, this is difficult, because the benefits are uncertain. But for tangible investments, such as building...
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02
September
2016
| 10:57 Europe/Amsterdam
Activist hedge funds are often seen as the epitome of all that’s wrong with capitalism. They cut investment, fire employees, and break contracts to boost the short-term stock price, and cash out before the long-term value destruction comes to light. ...
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