Dimon and Buffett: Short-Termism is Hurting Economy

JPMorgan Chase CEO Jamie Dimon and Berkshire CEO Warren Buffett joined forces to pen a recent Wall Street Journal article that warns against short-termism. “Every generation of Americans has the responsibility to leave behind a stronger, more prosperous society than the one it found,” they write. “The nation’s greatest achievements have always derived from long-term investments.” The article argues that, to this end, public companies should consider dispensing with providing quarterly earnings-per-share guidance (a view… Read More