You can't do good work on a short-term contract. You need to be engaged over a period of time.
I think we'll say flat is the new growth in the short term.
The idea that guys should walk into a bar and confidently initiate contact and then seduce a woman based on a short term conversation is a toxic cultural myth that robs guys of self-confidence and that holds them up to an unrealistic standard that they have to become a super-extraverted narcissist in order to 'score with women'
We must now allow ourselves to be blinded to long-term developments by the intensity of the short-term difficulties.
Be brutally honest about the short term and optimistic and confident about the long term.
This same economic system, based on short-term growth and endless profits is also the reason for pretty much everything else that is lousy in our society, from private prisons to Fox News. What I'm arguing is that, in fact, what we've been told is a lie.
Training for a marathon is much like climbing a ladder. Each ring is a short-term goal that must be met in sequence in order to reach the long-term goal at the top of the ladder.
Optimists, by contrast, look for specific, limited, short-term explanations for bad events, and as a result, in the face of a setback, they’re more likely to pick themselves up and try again.
I’m fortunate to have found out early, in 1990, just two years after I retired, that I have neurological damage. I try to manage it. I know what can trigger headaches and try to avoid it. I have short term memory problems, so I make a special effort to remember people and names. I have to work harder, but it’s important.
The plot details of B movies are irrational: accept that people do things that are contradictory, against their own best interests, have short term aims & limited attention span, and do incredibly stupid things while things blow up. Apart from things blowing up, this is just like the music industry.
A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.
The most self-disciplined people in the world aren't born with it, but at one point they start to think differently about self discipline. Easy, short-term choices lead to different long-term consequences. Difficult short-term choices lead to easy long-term consequences. What we thought was the easy way led to a much more difficult life. I think that motivation is sort of like a unicorn that people chance like a magic pill that will make them suddenly want to work hard. It's not out there.
That said, I'm embarrassed and furious that so many coal-state Democrats in the U.S. Senate are paralyzing international progress to protect the short term interests of a dying industry that ravages the environment from mine to slag heap.
The problem is so severe that trying to say, "First we'll fix the government and then we'll tackle climate change," or, "First we have to figure out alternative systems to capitalism and then we'll tackle climate change," I don't see how those things are possible in the very short term.
I think sometimes when you look long term, you kind of forget to take care of what you have to take care of on a daily basis. We're into short-term goals more than long-term goals.
The bleakness of what faces us is difficult to swallow. As long as we engage in happy platitudes and a false kind of vision of the possible, it may empower you over the short term, but it is eventually, because of the reality in front of us, going to lead to despair and cynicism and apathy. It's better to swallow hard the bitter pill of what we're up against.
You can't just pay attention to the short term, you just have to keep publishing.
Your immediate environment is comprised of coffee shops, supermarkets, websites, apps and all kinds of things - none of which have an interest in your long-term or short-term financial well-being.
You can think about life as a battle between you and a doughnut shop. The doughnut shop wants you to eat another doughnut and pay the money, and you want to do it in the short term, but in the long term it's not good for you either financially or from a health perspective.
Management has failed miserably at creating increased value for shareholders. Indeed, despite some recent short-term gains, which actually only put us back where we were eight years ago, they have been devaluing our assets, turning a unique institution into just another entertainment company.
Why is our (US) government the only one in the civilized world with a stupid, short-term energy policy? Why do our elected officials consider a European or Japanese-type energy tax not only unpassable but undiscussable?
The sole virtue of losing your short-term memory is that it does free you to be your own editor.
You should be unconcerned about short-term price action when you own the securities directly, just as you were unconcerned when you owned them indirectly through BPL. I think about them as businesses, not "stocks", and if the business does all right over the long term, so will the stock.
I make no effort to predict the course of general business or the stock market. Period. However, currently there are practices snowballing in the security markets and business world which, while devoid of short term predictive value, bother me as to possible long term consequences.
Value investing doesn't always work. The market doesn't always agree with you. Over time, value is roughly the way the market prices stocks, but over the short term, which sometimes can be as long as two or three years, there are periods when it doesn't work. And that is a very good thing. The fact that our value approach doesn't work over periods of time is precisely the reason why it continues to work over the long term.
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