The work requires a moderately large investment in technological and theoretical developments and long periods of time to carry them out, without the pressure to achieve quick or short term results.
When everyone is running the machine, and it's all working, there's a tendency to look at the short term and focus on incremental opportunities and not look ahead to the really big opportunities.
Focus on the long term, and always do what's right to grow the company and not make short-term decisions. And outlast everyone one.
I believe that doing the right thing will not only create the best culture and the best product, but you'll also make the most money - even if you're making decisions that lose you money in the short term.
One of many strengths that I often see in successful women on Wall Street is a responsible balance between risk taking and risk mitigation - the ability to assess situations smartly and make the right medium-to-long-term decisions without being lured into reckless, short-term profit-taking.
When companies are private, founders can share more about their future dreams with investors; report less; and the shares are illiquid, constraining short-term changes in valuation.
When we look at our business, we are not that concerned about short term valuations.
Our responsibility is to maximise shareholder value, and if that means we can make short-term investment where we can maximise short-term value, we can do that.
The dominance of short-term perspectives has led to routine decisions in the markets that sacrifice the long-term buildup of genuine value in pursuit of artificial, short-term gains.
When people flirt with despair about the future, they are less likely to take the actions necessary to safeguard it, focusing instead on the short-term.
