The Fallacy of Short-Term Investment Focus
Tomorrow the annual pilgrimage of value investors to Omaha, Nebraska will culminate as Chairman Warren Buffett and Vice Chairman Charlie Munger hold court at the Berkshire Hathaway Annual Meeting. It is a shareholder meeting like no other, as roughly 40,000 people will fill an arena built for basketball and rock concerts.
Johnson, Robert R. PhD, "The Fallacy of Short-Term Investment Focus" (2017). Faculty Publications. 783.