Why read Missing the Target?

Book cover of Missing the Target: Why Stock-Market Short-Termism Is Not the Problem

Book description

Why stock-market short-termism is not causing severe damage to the American economy

According to many political leaders, pundits, and corporate lawmakers, stock-market-driven short-termism - when corporations prioritize immediate results in the next quarter over their longer-term interests - is harming the American economy. This view, popular in influential circles, sees…

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Why read it?

1 author picked Missing the Target as one of their favorite books. Why do they recommend it?

Alex Edmans

Author

The idea that short-termism is a problem is so widespread that few people dare to question it. Mark Roe is one of these people.

Armed with rigorous evidence and real-life examples, this eye-opening book will change the way you think about short-termism. It has profound implications for companies, investors, policymakers, and the general public’s view on the rights and wrongs of capitalism – leading to insights into why politics and public opinion outrun the evidence.

From Alex's 3 favorite reads in 2023.