Business Quote by Bruce Wasserstein
“Time Warner has been managed for the short term. This has damaged the company's fundamental competitive position and its prospects for growth. This approach has cost shareholders a staggering $40 billion.”
About This Quote
Source Business Commentary: Analyst Report, 2015
Short‑term focus eroded long‑term competitiveness, costing shareholders billions.
In simple terms: Short‑term thinking hurt the company's future and shareholders.
Prioritize sustainable growth.
Themes
Mood
Type
When to use this quote
- corporate planning
- investment decisions
- board meetings
Key Concepts
Questions to Reflect On
- What incentives drive short‑term decisions?
- How can long‑term value be measured?
Short‑term gains can mask deeper structural problems.