Gain today, pain tomorrow?
GARETH BROWN View the contributor's profile page
Forager Funds
34 minutes ago
The best run businesses think long term. While it’s easy for management to roll out a few platitudes each quarter, talk is talk. The acid test is whether management embraces activities that hurt in the short run in order to reap in the long run. I’ve always thought of this as pain today, gain tomorrow behaviour. Good management aggressively runs towards such opportunities.
Missed the first part of the article!
AHZ and WP, page-54
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