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Do activists really have a short term horizon?
We see this mission as indistinguishable from also aiming to be a trusted, responsible shareholders with a longer term horizon.
"This gives some liquidity to shareholders and and rotates out shorter-term horizon investors for longer term horizon investors," Libin told me in an interview earlier today.
In this study, both forward and reverse flows are considered and moreover, strategic level decisions in a long-term horizon and tactical level decision in a medium term horizon are examined.
Tactical level decisions are made for the medium term horizon usually once a year or once in each season.
"We do not look to 'flip' the companies but instead plan for a longer term horizon on how to make the company successful".
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This does not square with the long-term horizon over which many sustainability risks materialize.
Have a long-term horizon.
"Those looking at the long-term horizon are ready to continue," Mr. O'Sullivan said.
"You're talking lots of dollars, a long-term horizon, an unclear political mandate," he said.
More immigration leads to a stronger economy, particularly on the long-term horizon.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com