Look for management teams with a longterm focus from "summary" of The Little Book That Builds Wealth by Pat Dorsey
When evaluating a company for investment, it is crucial to pay close attention to the management team. A management team with a long-term focus is essential for the success of a company. These are the individuals who make important decisions that shape the future of the business. Management teams with a long-term focus tend to prioritize sustainable growth over short-term gains. They are not swayed by temporary market trends or quick fixes that may boost the stock price in the short term but harm the company in the long run. Instead, they make decisions that will benefit the company for years to come. One way to identify a management team with a long-term focus is to look at their track record. Have they consistently made decisions that have led to long-term success for the company? Have they shown a commitment to i...
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