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How Amazon Trained Its Investors to Behave

Harvard Business Review

Well, he's a hedge fund veteran who has always taken a skeptical view of Wall Street, treating it more as a loopy rich uncle than the efficient information processor of standard finance theory. With Amazon, though, nobody emphasizes EPS. How has Bezos done this? Nobody complains. Amazon could make the wrong bets.

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4 Ways CEOs Can Conquer Short-Termism

Harvard Business Review

The quickest way to spring the short-term trap is to set overly ambitious targets — the kind that make the CEO a hero with investors in the short term, but threaten the long-term plan by, for instance, skimping on scheduled maintenance, cutting R&D investment, and shrinking travel and training budgets.

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