1. Every idea sometimes is taken too far. For example, the fact that short run is not so important, only long run.
2. Bill Gates said in their early days at Microsoft:
"I came up with this incredibly conservative approach that I wanted to have enough money in the bank to pay a year’s worth of payroll even if we didn’t get any payments coming in. I’ve been almost true to that the whole time."
3. Economist Tyler Cowen recently wrote:
"Plenty of companies have made big mistakes from thinking too big and too long-term; for instance, a lot of mergers were based on notions of long-run synergies that never materialized. In reality, short-term improvements are often the best way to get to a good long-run plan."
4. Long run is infact nothing but a lot of successful short runs.
http://www.collaborativefund.com/blog/the-long-run-is-just-a-collection-of-short-runs/
2. Bill Gates said in their early days at Microsoft:
"I came up with this incredibly conservative approach that I wanted to have enough money in the bank to pay a year’s worth of payroll even if we didn’t get any payments coming in. I’ve been almost true to that the whole time."
3. Economist Tyler Cowen recently wrote:
"Plenty of companies have made big mistakes from thinking too big and too long-term; for instance, a lot of mergers were based on notions of long-run synergies that never materialized. In reality, short-term improvements are often the best way to get to a good long-run plan."
4. Long run is infact nothing but a lot of successful short runs.
http://www.collaborativefund.com/blog/the-long-run-is-just-a-collection-of-short-runs/
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