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考研英语高频词汇讲解分享

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2019年09月26日 14:58:47
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The averagetime for holding a stock in both the United States and Britain, he notes, has dropped from seven years to seven months in recent decades. Transientinvestors, who demand high quarterly profits from companies, can hindera firm’s efforts to invest in long-term research or to build up customer loyalty. This has been dubbed “quarterly capitalism”

In addition, new digital technologies have allowed more rapid trading of equities, quicker use of information, and thus shortened attention spans in financial markets. "There seems to be a predominanceof short-term thinking at the expenseof long-term investing,” said Commissioner Daniel Gallagher of the US Securities and Exchange Commission in a speech this week.

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