Long Termism
topic on 2 shows · 2 statements across 2 episodes
Capital Allocators 
Big Technology
2 statements about Long Termism, every show
Ayer: Long-Termism Is Sometimes a Lazy Crutch for Asset Managers
“Oftentimes playing the long game is the right strategy, the market's myopic, stick to your knitting, but there are occasions where long-termism is a lazy crutch.”
Markowitz: Long-term compounding is a fragile privilege rather than a guarantee
“Thinking and acting long-term is really, really important, but on a deeper level, it's not guaranteed. None of it is guaranteed. And so anything can derail the long-term at any point. And so for me, it was a real like wake up call of, you know, it's a real pri…”