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Advice from the ants about grass
JAY GORY, MANAGING EDITOR, world
In a June 7 statement, nearly 200 chief executives of major American firms put out a special plea through a group called the Business Roundtable. In essence, these titans of industry and finance gave their support to companies that are patient in growing their underlying value rather than continually panicked about producing quick results. “Public companies should be managed for long-term prosperity, not to meet the latest forecast,” the statement said. read more


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