Dot Com Deaths Might Help Investors to Think Long Term
from the or-maybe-not dept
A very good column in InfoWorld about one of the effects of the sudden death of dot coms. The problem was that with all the overhype concerning quickly flipping dot com stocks, no one was thinking long term. Investments that were getting made were ones that they knew could be flipped within a year or two. The hope of the columnist is that perhaps this downturn will finally make investors start thinking a little more long term. Personally, I doubt it will work. I do agree that we should think more long term, and perhaps there should be more investors who take that view, but I think human nature will cause most investors to still look for the quick flip opportunities.
Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team
