Short-Termism Explained

Noah discusses the concept of short-termism in the stock market, highlighting how the chain of caring about long-term stock value can easily break due to various factors such as noise traders and liquidity traders.

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EconTalk
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Related Questions
- Why do people have a short-term focus as explained in the episode Noah Smith on Worker Compensation, Co-determination, and Market Power and the clip Short-Termism Explained?