[lurking_swe]

ahh, the classic “i shall please my investors next quarter while ignoring reality, so i can disappoint my shareholders in 10 years”. lol.

As you say, happens all the time. Also doesn’t make sense because so few people are buying individual stocks anyway. Goal should be to consistently outperform over the long term. Wall street tends to be very myopic.

Thinking long term is a hard concept for the bean counters at these tech companies i guess…

[miohtama]

What then ends up happening is that companies how fall behind in R&D eventually lose market share and get replaced by more agile competitors.

But this does not happen in industry verticals that are protected by regulation (banks) or national interest (Boring).