When we violate the law ourselves, whatever short-term advantage may be gained, we are obviously encouraging others to violate the law; we thus encourage disorder and instability and thereby do incalculable damage to our own long-term interests.
Positive defaults align our short-term decisions with our long-term interests. And we don’t always do that.
The media and marketing deluge has spawned a new type of Wall Street loser: the armchair momentum player. These are novice investors who engage in short-term stock buying and selling based on media reports or an expert’s enthusiasm.
The conservative position that all spending is evil obliterates any distinction between investment and consumption, between the long-term and the short-term.
One component of the leading economic indicators is the yield curve. Bond investors keep a close eye on this, as it illustrates the spread or difference between long-term interest rates and short-term ones.
Any jerk can have short-term earnings. You squeeze, squeeze, squeeze, and the company sinks five years later.
The very best Labor governments in our nation’s history distinguished themselves by thinking big and, wherever possible, resisting the temptation to overemphasise short-term political considerations.
I think that the most well-intentioned, optimistic, creative people often live for the moment, and for ‘Portlandia,’ our goals were always very sort of short-term and attainable.
For too long, the world has been focused on short-term growth and development at the expense of our long-term survival as we have depleted our natural resources at historically reckless rates.
Where I underestimated the opposition was how willing Republicans in Congress would be to put their short-term political interests ahead of what they knew was good for their country. That was extremely disappointing.
While natural disasters capture headlines and national attention short-term, the work of recovery and rebuilding is long-term.
There is an old tool that has become very handy that is called strategic patience, which is do not overreact in the short-term. Take your time. See what is the underlying, real message. And then, once the reality is represented by actions, then decide how you are going to react to those actions.
One of many strengths that I often see in successful women on Wall Street is a responsible balance between risk taking and risk mitigation – the ability to assess situations smartly and make the right medium-to-long-term decisions without being lured into reckless, short-term profit-taking.
Justin Trudeau certainly understands climate science, as do his ministers. But they’re refusing to take action on it because of short-term political concerns.
The real problem at the moment is that the banks – because of their existing culture, which is frankly anti-business, obsession with short-term trading profits, not focusing on the long term – are throttling the recovery of British industry.
Chances are that neither the client nor the agency will ever know very much about what role the ad has played in sales or profits of the client, either short-term or long-term.
Fossil fuels and mining is a short-term gambit. If we develop those resources at the expense of the environmental gold mine that is the Great Barrier Reef, we will all lose in the long run.
When people flirt with despair about the future, they are less likely to take the actions necessary to safeguard it, focusing instead on the short-term.
I understand that fans think short-term, and there’s nothing wrong with that. You live or you die in the short term. But I believe in our system, and when you do that, you don’t make knee-jerk decisions.
