Earlier quoted context omitted.
> I experienced the short-term thinking firsthand I have too. The company stock tanked and the company disappeared. There's a word for short term companies - "bankrupt". Investors as group are simply not that stupid.
You're talking to a group of people who think they know everything about anything from corporate finance to macro econ to philosophy. People here are generally technocrats with too little belief in others ability and too much belief in their own.
That, or maybe some of these people held senior managerial positions and ran their companies and know what they are talking about.