[sophrosyne42]

There is really nothing about the stock market that means only thinking about the mext few quarters. See all the losses on the profit and loss statements of AI tech giants, or, say, game console companies? Why are their stocks still valued so highly during these periods? The answer: investors are thinking long term.

It is really impossible to have quality long term thinking without capitalization accounting and similar instruments that come out of the "wester" system of business that chinese free enterprise gladly and speedily copied when it was made free.

[twosdai]

I think the sentiment here is about management's tie of bonuses to near-term stock performance. Maybe not about the market itself, I agree with your view on investors want long term gains over short term fluctuations mostly.

[sophrosyne42]

It's ultimately the investors and owners of companies which control the company.