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there is a difference between long term planning and short term execution

yes short term execution should be monitored but it should not lead long term execution plans

Complaints about how short term focused equity investors to the detriment of long term planning almost always come from people who either don’t really understand what active equity investors do or are entrenched management trying to bury bad short term execution under th hazy and impossible to refute excuses of “we have a long term plan.”

Owners should be able to decide at any moment it’s time to throw out management and start fresh.

this does not contradict my statement

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