Pierre Schlomo Presley wrote:
"I imagine the simple answer has to be that it doesn't affect their short-term stock price. Economics has failed us in the sense that we rely heavily on a system of attributing value that seems unable to, in a nod to Rumsfeld, price "known unknowns", much less "unknown unknowns" into the costs of doing business. Will it take a tragedy on the scale of the Stein report to give us some "knowns" that will incite us to focus on the long-term?"
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Tuesday, July 24, 2007
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