I am also a long termer, so I understand what you are saying. But you also need to be careful and not just take management at face value.
There would have been many long termers holding shares in companies like Myer, Dick Smith,RCR Tomlinson, Devine, UGL, Sedgman, Reject Shop, Watpac and many others. Do you give two hoots about them? Certainly the institutions which shorted them and in some cases the management of those companies didn't.
As a long termer you have to be vigilant about protecting your wealth. Loyalty is one thing, bujt riding a share down into the abyss is stupid.
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