I don't believe the conventional wisdom that the stockholder only cares about sh... | Hacker News

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		WalterBright on Nov 12, 2011 \| parent \| context \| favorite \| on: The myth of shareholder capitalism (2010) I don't believe the conventional wisdom that the stockholder only cares about short term gains. I see, over and over, share prices punished because the stockholders do not see the company doing well long term, and vice versa.

drumdance on Nov 13, 2011 [–]

Really? What do you think would happen to a stock that missed it's quarterly earnings estimate?

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