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But beyond this short-term consideration, investors in Berkshire Hathaway must understand that Mr. Buffett has always "been willing to step up to the plate and take big positions" in certain stocks, if he trusts the underlying businesses, said William Fiala, an analyst at Edward Jones.
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But for many companies recessions are a time when short-term considerations trump long-term potential.
By tying managers at all levels to short-term considerations, they short-circuit the development of an aggressive manufacturing strategy.
But short-term considerations, including from special interest groups and electoral demands, are working against long-term solutions.
None of these things are what you'd expect from a market dominated by short-term considerations.
And it means putting aside short-term considerations and investing in people and communities for the long term.
In both cases, aid works when it is untied from short-term considerations, and it fails when it seeks to buy short-term economic or diplomatic gains.
"Our duty in the interests of the whole nation is to put short-term considerations second to ensuring that Britain is fully equipped to compete," he said.
He said he encouraged employees, many of whom are under 40, to shun short-term considerations in favor of longer-term innovation.
Research consistently shows that when making decisions, we tend to focus on short-term considerations and discount the future in a way that we regret later.
"As a politician, I saw at first hand how often policies were dictated by short-term considerations such as elections or partisan pressure.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com