The racing legend said the CEO of Liberty Media, Greg Maffei, told him, "I will do everything in my power to see that Michael [Andretti] never enters Formula 1."
Nobody makes a business investment and expects a return year one.
Except that’s the issue, they do now. Long term sustainable growth is no longer acceptable, and hasn’t been for some time. Shutting down ideas that would clearly be good in the long run in favor of short term gains has been the order of the day for years now.l
Yeah I know… It is dumb as shit. Hell one of the most successful investors of all time has repeatedly said that you must have long term thinking to be successful. Warren Buffett did not make Berkshire Hathaway the company it is today by day trading.
Except that’s the issue, they do now. Long term sustainable growth is no longer acceptable, and hasn’t been for some time. Shutting down ideas that would clearly be good in the long run in favor of short term gains has been the order of the day for years now.l
Yeah I know… It is dumb as shit. Hell one of the most successful investors of all time has repeatedly said that you must have long term thinking to be successful. Warren Buffett did not make Berkshire Hathaway the company it is today by day trading.