Business Calisthenics for Long-Term Vision-Tuesday Treadmill
Austerity is a necessary but inadequate response to a downturn. You cannot remain invested in a stock of a corporation that does not protect profitability. Recession and inflation demand fresh cost-effectiveness drives. However, reducing the number of employees does not secure any future for a business. Stock investors must look beyond 2008 to find the best stocks. Day traders must continue to dwell in the short-term, but the best portfolios will favor companies that are poised for profitable growth. Production capacities cannot be generated overnight. New products and services are not on tap. Inorganic growth requires painstaking due diligence. Every…