peratios
History is littered with “facts” that turn out to be myths. For instance, you may have heard that Einstein failed math class. Not so. Q1 2021 hedge fund letters, conferences and more But wait! There’s more: George Washington never had wooden teeth.A penny dropped from the Empire State Building won't kill anyone (too flat to gain required momentum).Napoleon at 5’5,” was about average in his day, not short.“Truth” is elusive, because once crowd-think gets going, it’s hard to stop. I’m telling you this because there are market bears out there and I am not sure they are working with the truth. Thi...
ValueWalk
In a famous editorial published in the Wall Street Journal, Warren Buffett and Jamie Dimon, the chairmen of Berkshire Hathaway and JP Morgan respectively, took the stock market to task for being too short-term oriented. The authors state that “This announcement today builds on the Commonsense Corporate Governance Principles that business leaders developed in 2016. These principles acknowledge that the financial markets have become too focused on the short term.” This view is widely held by many corporate executives who claim that the short-term orientation of the market with its on the next qu...
ValueWalk
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