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I just try to point out the obvious :-)

From my point of view, if a person was right that X Corp was sacrificing the long term for short term profits, and that nobody else has cottoned on to it, they would be making a fortune shorting the stock.

I.e. if they were so sure they were right, they'd be willing to put money on it.

As for me, as mentioned before, I put my money where my theories are. I'm a long term investor (riding the booms and busts up and down) and have done satisfyingly well for it. I've had my failures, too, riding Enron right down to zero :-) but overall it's been good.



Technocrats will almost always blame their failures on the irrationality of everybody else.




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