Short Term Thinking Quotes & Sayings

Let's adopt some short-term strategies to get growth going and then let's have a long-term debt reduction package. That's what I think we should do and I think it will work. — William J. Clinton

The most challenging thing for a young entrepreneur is to think long-term. When you are 22 years old, it's hard to think in 22-year increments since that's as long as you've been alive. But it's really important to view your life as an entrepreneur as a long journey that consists of many short-term cycles. — Brad Feld

Black-Scholes works for short-term options, but if it's a long-term option and you think you know something [about the underlying asset], it's insane to use Black-Scholes. — Charlie Munger

I have terrible short-term memory loss, which I like to think of as Presidential eligibility. — Paula Poundstone

I think the rest of the world will think we're made, and indeed we are. We've turned out the greatest Prime Minister in the post war years simply because of short term nerves. — Ann Widdecombe

A short term view will lead to a partial and perhaps twisted view of the whole picture. A crucial element may be missing. We may not be running the entire race. A friend of mine described a colleague as great at running the "ninety-five yard dash." That is a distinction I can do without. Lacking the last five yards makes the first ninety-five pointless. In fact, serious runners thing of it as a 110 yard dash so that no one will best them in the last few yards. You've got to think beyond the whole. — Max De Pree

Some habits of ineffectiveness are rooted in our social conditioning toward quick-fix, short-term thinking. — Stephen Covey

I think sometimes when you look long term, you kind of forget to take care of what you have to take care of on a daily basis. We're into short-term goals more than long-term goals. — Chip Kelly

There's more that we need to be liberated from: maybe a system that prizes competition and ruthlessness and short-term thinking and rugged individualism, a system that serves environmental destruction and limitless consumption so well - that arrangement you can call capitalism. It embodies the worst of machismo while it destroys what's best on Earth. More men fit into it better, but it doesn't really serve any of us. — Rebecca Solnit

The most self-disciplined people in the world aren't born with it, but at one point they start to think differently about self discipline. Easy, short-term choices lead to different long-term consequences. Difficult short-term choices lead to easy long-term consequences. What we thought was the easy way led to a much more difficult life. I think that motivation is sort of like a unicorn that people chance like a magic pill that will make them suddenly want to work hard. It's not out there. — Rory Vaden

Every action that you take - that your disorder tells you to take - is self-harming in the short and long term. — Priyavrat Thareja

How can HOW help us repair our faltering global economy?
Only by getting our "hows" right can we ensure that we are sustainable. This can only be achieved when we are rooted in, and inspired by, sustainable values. The global economic meltdown supplied a perfect, but painful, example of how sustainability cannot be guided by situational values. The economic crash occurred because too many financial companies became disconnected from fundamental values and long-term sustainable thinking. Instead of nurturing sustainable collaborations, banks, lenders, borrowers and shareholders pursued short-term relationships founded on situational values. More than ever we need to get out of this cycle of crises and build long-term success and deep human connections so that we achieve enduring significance in today's globally interconnected world. — Dov Seidman

Don't get sucked into short-term thinking. Your struggles will not last forever, but you will. — Max Lucado

I have short-term memory loss, though I'd like to think of it as Persidential eligibility. — Paula Poundstone

I am of the opinion, and have been for a long time, that any kind of big technological move is almost always positive in the short term but inevitably somewhat negative in the long term. And I think there are many examples of this in every possible context. — Chuck Klosterman

Openness by the leader paves the way for ownership by the people. Without ownership, changes will be short term. Changing people's habits and ways of thinking is like writing instructions in the snow during a snowstorm. Every twenty minutes the instructions must be rewritten, unless ownership is given along with instructions. — John C. Maxwell

I think if you have a comic perspective, almost anything that happens you tend to put through a comic filter. It's a way of coping in the short term, but has no long term effect and requires constant, endless renewal. Hence people talk of comics who are "always on." It's like constantly drugging your sensibility so you can get by with less pain. — Woody Allen

Well it's been about 100 years and every attempt at a comics writers' union has failed miserably. There is, sadly, a long history of short-term thinking and self-destructive behavior among my fellow comic book creators. No matter how many horror stories they have heard they won't even go so far as to hire themselves a lawyer when they need it. It breaks my heart. I am a very proud union member of the Writers Guild. And I can't imagine my fellow comic creators being able to pull something like this together. — Brian Michael Bendis

I don't think anyone can predict what the short term will look like. In the long term, it will be a Syria without Bashar Assad. The longer it takes, the worse it will get. — Adel Al-Jubeir

I think the biggest single thing that causes difficulty in the business world is the short-term view. We become obsessed with it. But it forces bad decisions. — James Sinegal

When you see the right thing, do it - this may look like more work in the short term, but it's the path of least effort in the long run. If you don't know what the right thing is, do the minimum necessary to get the job done, at least until you figure out what the right thing is. To do the Unix philosophy right, you have to be loyal to excellence. You have to believe that software design is a craft worth all the intelligence, creativity, and passion you can muster. Otherwise you won't look past the easy, stereotyped ways of approaching design and implementation; you'll rush into coding when you should be thinking. You'll carelessly complicate when you should be relentlessly simplifying - and then you'll wonder why your code bloats and debugging is so hard. — Eric S. Raymond

I do think whatever the short-term gain for [Donald]Trump might've been by skipping the Fox debate, it was also kind of - it could become a landmark moment. He has now showed the media that he doesn't need them and that he has the people behind him. — Ryan Grim

Money can extinguish intrinsic motivation, diminish performance, crush creativity, encourage unethical behavior, foster short-term thinking, and become addictive. — Daniel H. Pink

Long term thinking and planing enhances short term decision making. Make sure you have a plan of your life in your hand, and that includes the financial plan and your mission. — Manoj Arora

Whilst large organisations need foresight, they are also notorious in their bias for short term thinking, sometimes rejecting or even suppressing foresight. — Tom Graves

This place was not like the Victorian Prisons of England with their imposing red-brick and neo-gothic architecture that was supposed to impress inmates with the power of the state;no, this place looked cobbled together, shoddy and temporary and the only thing it impressed upon you was how current British policy on Ireland was dominated by short-term thinking. — Adrian McKinty

Business is all about learning to balance the short-term, medium-term and long-term and I think it's when things are going well it covers up a lot of mistakes and bad decisions because you're growing so quickly ... — Tony Hsieh

You should be unconcerned about short-term price action when you own the securities directly, just as you were unconcerned when you owned them indirectly through BPL. I think about them as businesses, not "stocks", and if the business does all right over the long term, so will the stock. — Warren Buffett

I look back and think of all the times I've had to let things go in the past, and how traumatic it seemed while it was happening, but how my understanding of it changed as time passed - and oftentimes things that seem really difficult and traumatic in the short term seem a lot less difficult and traumatic in the long term. So I remind myself of that. — Moby

The number one piece of advice I would share is to recruit a mentor. Find someone you admire who is at least one generation older, and has no direct authority over you. Lack of context and perspective can cost you months and years
with a bad career choice, an unwise relocation, short-term negotiating posture, and, generally speaking, sophomoric thinking. — Bing Gordon

I think a lot of great software has been written by people who are scratching a short-term itch, something which has been niggling them for ages, but in the back of their mind they've got a wonderful long-term plan. — Tim Berners-Lee

I think short-term goals are important. Trying to set a missive for yourself for the entire year can be daunting, and it can feel too easy to fail or fall short of that. — Carrie Brownstein

You know, when I made a series of overtures to the Republicans, going over to meet with both Republican caucuses, you know, putting three Republicans in my cabinet
something that is unprecedented
making sure that they were invited here to the White House to talk about the economic recovery plan, all those were not designed simply to get some short-term votes. They were designed to try to build up some trust over time. And I think that, as I continue to make these overtures, over time, hopefully that will be reciprocated. — Barack Obama

I still believe that for good business analysts a concentrated portfolio is a good strategy combined with a long term horizon. Once again, the secret to success in following the formula strategy is patience, a quality in short supply for both professionals and individual investors alike. I think investors should have a large portion of their assets in equities over time. — Joel Greenblatt

On the question of the machinery of government, we have seen that a good deal of our trouble seems to have stemmed from the extent to which the executive has felt itself beholden to the short-term trends of public opinion in the country and from what we might call the erratic and subjective nature of public reaction to foreign-policy questions. I would like to emphasize that I do not consider public reaction to foreign-policy questions to be erratic and undependable over the long term; but I think the record indicates that in the short term our public opinion, or what passes for public opinion in the thinking of official Washington, can be easily led astray into areas of emotionalism and subjectivity which make a poor and inadequate guide for national action. — George F. Kennan

I decided to make myself a little less precious with my storytelling. I think you can see from the first three pieces in the book that I have a long term relationship with the short story as a form and I really love an elegantly crafted story that has several elements that come together in a way that is emotionally complex and different from when we started. That kind of crystalline, perfect, idealized thing that the short story as a genre has come to represent. — Lucy Corin

Social media requires that business leaders start thinking like small-town shop owners. This means taking the long view and avoiding short-term benchmarks to gauge progress. It means allowing the personality, heart and soul of the people who run all levels of the business to show. — Gary Vaynerchuk

We have minds that are equipped for certainty, linearity and short-term decisions, that must instead make long-term decisions in a non-linear, probabilistic world. — Paul Gibbons

My goal is to achieve a little less injustice in Uruguay, to help the most vulnerable and to leave behind a political way of thinking, a way of looking at the future that will be passed on and used to move forward. There's nothing short-term, no victory around the corner. I will not achieve paradise or anything like that. What I want is to fight for the common good to progress. Life slips by. The way to prolong it is for others to continue your work. — Jose Mujica

People don't like the idea of thinking long term. Many are desperately seeking short term answers because they have money problems to be solved today. — Robert Kiyosaki

Somehow, when ownership interests are divided into shares that bounce around with Mr. Market's moods, individuals and professionals start to think about and measure risk in strange ways. When short-term thinking and overly complicated statistics get involved, owning many companies that you know very little about starts to sound safer than owning stakes in five to eight companies that have good businesses, predictable futures, and bargain prices. — Joel Greenblatt

Seven habits that help produce the anything-but-efficient markets that rule the world.
1. Think short term.
2. Be greedy.
3. Believe in the greater fool
4. Run with the herd.
5. Overgeneralize
6. Be trendy
7. Play with other people's money — Paul Krugman

The most damaging aspect of contemporary living is short-term thinking. — Rick Warren

The very best Labor governments in our nation's history distinguished themselves by thinking big and, wherever possible, resisting the temptation to overemphasise short-term political considerations. — Anthony Albanese

I have problems with this very extreme form of capitalism where the pendulum has swung so far in one direction, where the focus is completely on the short term, and no one is thinking about the consequences. — Noreena Hertz

We are living in an interminable succession of absurdities imposed by the myopic logic of short-term thinking. — Jacques-Yves Cousteau

I think that most technology is positive in the short term, and negative in the long term. I wonder, if somebody looked back at the 20th and 21st centuries a thousand years from now, what their perception of the car would be. Or of television. I wonder if over time, they'll be seen as this thing that drove the culture, but ultimately had more downside than upside. — Chuck Klosterman

Many thrifts layered a billion dollars of brand-new loans on top of their existing, disastrous hundred million dollars of old loss-making loans, in a hope that the new would offset the old. Each new purchase of mortgage bonds (which was identical to making a loan) was like the last act of a desperate man. The strategy was wildly irresponsible, for the fundamental problem (borrowing short term and lending long term) hadn't been remedied. The hypergrowth only meant that the next thrift crisis would be larger. But the thrift managers were not thinking that far in advance. They were simply trying to keep the door to the shop open. That explains why thrifts continued to buy mortgage bonds even as they sold their loans. — Michael Lewis

There are days when I don't feel motivated and I don't want to get up to go to practice. I'm a very goal-oriented person, so I set short-term goals and try to reach those goals. And when I have those days, I think about those goals, and it gets me motivated. — Dara Torres

When people think of the outcomes of their decisions, they think much more short term than that. They think in terms of gains and losses. — Daniel Kahneman

Short-term thinking is the greatest enemy of good government. — Anthony Albanese

CARROTS AND STICKS: The Seven Deadly Flaws 1. They can extinguish intrinsic motivation. 2. They can diminish performance. 3. They can crush creativity. 4. They can crowd out good behavior. 5. They can encourage cheating, shortcuts, and unethical behavior. 6. They can become addictive. 7. They can foster short-term thinking. — Daniel H. Pink

A girl's career today doesn't have the same kind of life span, whereas it used to be a collaboration and a partnership and it continued. Peter Lindbergh still uses girls - like, look at Amber Valetta - so there are some photographers that have relationships long-term with models. I also think that the industry can't support the amount of models that exist right now and therefore the relationships between photographers and models and even the clients is short lived. — Michael Flutie

I doubt that most people with short-term thinking love the natural world enough to save it. — E. O. Wilson

I don't think that Mitt Romney can legitimately say that he learned anything about how to create jobs in the LBO (leveraged buyout) business. The LBO business is about how to strip cash out of old, long-in-the-tooth companies and how to make short-term profits. All the jobs that he talks about came from Staples. That was a very early venture stage deal. That, you know they got out of long before it got to its current size. — David Stockman

I think the Democrats are going to have to be willing to give up, maybe, some short-term political gain by whipping up fears on some of these things - if it's a reasonable Social Security proposal, a reasonable Medicare proposal. We've got to deal with these things. You cannot have health care devour the economy. — William J. Clinton

The main reason that we felt positive was because all of the trends were so negative. This was not just to be stubbornly or rigidly contrarian - because being a true contrarian means not to go slavishly against the grain, but to be always independent in your thinking. It was simply that we and the short-term smart money were operating according to different time frames. — Mark Mobius

I think we'll say flat is the new growth in the short term. — Philip Green