Short-term thinking leaves long-term value on the table
In a May 2011 speech, Andrew G. Haldane and Richard Davies illustrate that pressure to return value on a short time horizon causes investors to seek deals with higher initial returns despite the fact that investments with longer return horizons, such as infrastructure and alternative technology or supply chain management initiatives, often have higher cumulative returns over time.
This document is for members only; you must be logged in to view it.