Companies are sticking to a practice that Warren Buffett and other business titans warn is damaging the economy

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Berkshire Hathaway CEO Warren Buffett has long decried Wall Street's short-term thinking. A new report from S&P Global Market Intelligence shows that one such practice prevailed last year at a rate not seen since 2008.

 

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Business titans? our economy gives them the larger part of the value workers produces per hour, for no work. And the fact that entrenched wealth is seen as some form of qualifier for genius is part of the reason why this planet is as f'ked up as it is.

Warran Buffett isn’t a good investor when he can’t seduce the President.

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