“An international race in the relevant technologies is getting under way at this point, not necessarily with an understanding of where that race leads in the long run, but strongly motivated by the short-term payoffs.” WayLongRunningUnderstandingTermRaceTechnologyInternationalMotivatedRelevantLong RunsShort TermLead InPayoff Author:K. Eric Drexler
“If your short-term goals are too high, you may give up too soon. If your long-term goals are too low, they may not give you enough enthusiasm to drive you over the bumps in the road along the way.” IfsWayGivingMayLongEnoughGoalTermGiving UpLowsEnthusiasmLong TermShort TermBumpsLong Term GoalsBumps In The RoadShort Term Goals Author:Darren LaCroix
“Some of the best trades come when everyone gets very panicky. The crowd can often act very stupidly in the markets. You can picture price fluctuations around an equilibrium level as a rubber band being stretched -- if it gets pulled too far, eventually it will snap back. As a short-term trader, I try to wait until the rubber band is stretched to its extreme point.” IfsTryingWaitingTermLevelsBandTradeCrowdsExtremesShort TermSnapsEquilibriumRubberTradersFluctuationVery StupidRubber Bands Author:Linda Bradford Raschke
“When we violate the law ourselves, whatever short-term advantage may be gained, we are obviously encouraging others to violate the law; we thus encourage disorder and instability and thereby do incalculable damage to our own long-term interests.” MayLongLawTermInterestAdvantageLong TermDamageDisorderShort TermInstabilityEncouraging Others Book:The Arrogance of Power Source: The Arrogance of Power
“The short-term international capital market is shrunken and erratic, and cannot be relied upon to cushion the effects of tendencies to disequilibrium in the balance of payments.” TermEffectsBalanceInternationalTendenciesBankingShort TermPaymentCushionsErraticDisequilibrium Author:Gunnar Myrdal
“There is a fear of peace that I don't understand. Witness the old epithet "peaceniks," the association of peace with weakness. We mistake kindness for weakness in individuals, too. Gandhi found the essence of Christianity to be gentleness, the exaltation of means over ends. Using violence, against us or them, to achieve peace is like beating children to get them to be good. It only works in the short term. Believe in peace, think peace, live peace. Be a building-block of peace. Make it the center of your strength.” ThinkingBelieveMeanChildrenEndsFoundIndividualPeaceTermMistakeChristianityKindnessViolenceAchieveBuildingWeaknessEssenceBe GoodBlockWitnessAssociationGentlenessShort TermExaltationBuilding BlocksEpithetKindness For Weakness Author:Jennifer James
“We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children.” ShouldBelieveLooksChildrenLongValuesFeltTermSafeFortuneInvestingBehavePoisonLockedShort TermCharlieLocked UpForecastsSafe PlacesFortune TellerMarket Timing Book:Warren Buffett on Business: Principles from the Sage of Omaha Source: Warren Buffett on Business: Principles from the Sage of Omaha
“In England, it's a rare thing to see a player smoking but, all in all, I prefer that to an alcoholic. The relationship with alcohol is a real problem in English football and, in the short term, it's much more harmful to a sportsman. It weakens the body, which becomes more susceptible to injury.” RealProblemBodyTermPlayerFootballEnglandAlcoholSmokingInjuryAlcoholicsShort TermReal ProblemsSusceptibleSportsmanRare ThingsEnglish Football Author:Alex Ferguson
“What gets posted online is not short term, and is open for easy misinterpretation. Messages and pictures spread faster through the Internet than they ever could by word of mouth.” EasyTermInternetMessagesMouthsSpreadFasterOnlineShort TermWord Of MouthMisinterpretation Author:Anna Maria Chavez
“The real problem at the moment is that the banks - because of their existing culture, which is frankly anti-business, obsession with short-term trading profits, not focusing on the long term - are throttling the recovery of British industry.” LongRealMomentsProblemCultureTermIndustryProfitBritishObsessionRecoveryLong TermTradingShort TermReal Problems Author:Vince Cable
“You can't pander to your audience. You might in the short term, but ultimately you can't hoodwink them, either.” MightTermAudienceShort Term Author:Peter Maxwell Davies
“I think so many people are reactive... they see things in a short term way they're right up against it.” PeopleThinkingWayTermShort TermShort Term Thinking Author:Ray Dalio
“We cannot shun our values as an immigrant nation. This is a wrong path. And while possibly it is a short-term political victory based on division and based on creating a wedge issue that splits people in this country, it is a long-term defeat for this Nation.” PeopleLongCountryPoliticalValuesNationsTermPathIssuesVictoryCreatingDefeatLong TermImmigrantsDivisionSplitsShort TermWedgesWrong PathPolitical Victory Author:Raul Grijalva
“President Obama stands ready to work with everyone, because that's what the American people expect and deserve - not for the short term political advantages, but the long term health of our country. We don't spend time trying to figure out what's in the minds of Republicans, we try to keep our focus on the American people.” PeopleTryingMindLongCountryPoliticalPresidentTermFocusFiguresReadyRepublicanDeserveAdvantageOur CountryLong TermPresident ObamaEnd TimesSpend TimeShort Term Author:Valerie Jarrett
“Seeking an acquisition from the start is more than just bad advice for an entrepreneur. For the entrepreneur it leads to short term tactical decisions rather than company-building decisions and in my view often reduces the probability of success.” TermDecisionViewsCompanyAdviceBuildingEntrepreneurSeekingProbabilityShort TermAcquisitionTacticalBad Advice Author:Vinod Khosla