Why investors should forget about delayed gratification | Curio
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Why investors should forget about delayed gratification

5 mins | Sep 20, 2022
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Distant profits are worth less and less these days. 'By now, the associated investment lesson is eye-rollingly familiar. Jam tomorrow should be prized over jam today. Valuing a firm by its present earnings, assets and dividend yield is for the dinosaurs. The pace of technological innovation has made these metrics obsolete; instead, what matters is a company’s chance of explosive future growth.' But should it be this way? The Economist analyses.
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