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#111 Joel Greenblatt: Investing Made Simple
The Knowledge Project with Shane Parrish
The Role of a Good Company
The role of a good company is to create as much long term value as possible. And the only way to do that is to treat employees well and customers well. If you just go for the short term winds, which sometimes the stock market might influence, or be fooled into reflecting over the short term, that's where we end up with problems. Thik: The market has been giving value to the long term visionaries who invest over the long term - not just for what it looks like this quarter, but what they're building over the long term.
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