How Wall Street's Short Term Thinking Can Destroy Tech Businesse...

Courtesy Techdirt  Tue, 06/03/2008 - 23:45

For whatever you think of either Amazon.com or Google, one thing that's worth giving both companies kudos for is their ability to ignore the short term questions raised by Wall Street in favor of much more strategic long term thinking.

It's been less clear with Google, who has consistently done well. But Amazon has, for years, faced numerous questions from Wall St. analysts who consistently seem to get upset by the company's willingness to invest in big long-term projects.

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