A Quote by Austin Ligon

After careful consideration, we have decided that for our next fiscal year, we'll issue guidance on comparable store used unit sales and on earnings per share only for the full fiscal year. We will no longer issue quarterly guidance. This decision reflects our continuing focus on longer-term store, sales, and earnings growth and on return on invested capital, and our recognition that the performance in shorter-term periods can be more volatile than over the longer term. As we report our quarterly results, we plan to comment on how our performance is tracking against our annual guidance.
Being captive to quarterly earnings isn't consistent with long-term value creation. This pressure and the short term focus of equity markets make it difficult for a public company to invest for long-term success, and tend to force company leaders to sacrifice long-term results to protect current earnings.
People ought to invest in us because they like our company and the way they run it. We still do quarterly earnings guidance, but we tell people openly that they ought to look at the company for the long term and that's how they ought to invest.
Our inner guidance comes to us through our feelings and body wisdom first - not through intellectual understanding. The intellect works best in service to our intuition, our inner guidance, soul, God or higher power - whichever term we choose for the spiritual energy that animates life.
It's nice to have short-term to medium-term things that we can apply and see real change in our products, but also have longer-term, five to 10 year goals that we're working toward.
This is a devastating problem, is, the longer our children are in school, the worse they do. Year after year after year, our children in America are falling further behind. Our 3- and 4-year-olds enter kindergarten OK, and they fall further and further behind. Each year, children in other countries are learning more than children in this country. And so the gap between American student performance in Singapore and Finland and South Korea and Canada and these other countries, the gap widens year after year after year.
In the aftermath of September 11, it has been made clear to us that our foreign policy can no longer afford to narrowly focus on short-term benefits. For our nation's long-term security, we must be active in promoting American values abroad through our foreign policy.
DaimlerChrysler made significant progress in the year 2005, but our earnings are still not where we want them to be. We intend to grow profitably and to create added value over the long term - for the benefit of our customers, employees and shareholders.
The administration's reckless plan doesn't do one thing to ensure the long term security of social security, rather it undermines our economy. We need a budget and a fiscal policy that reflects the values and interests of America and restores fiscal discipline.
We understand the need to balance our short- and longer-term needs because our revenue is the engine that funds all our innovation. But over time, our emerging high-usage products will likely generate significant new revenue streams for Google as well as for our partners, just as search does today.
Employers should overcome a myopic quarterly earnings posture and focus on long-term strategies for growth that include investing in their own skills-training efforts to enable a broader pool of applicants.
Our privileges can be no greater than our obligations. The protection of our rights can endure no longer than the performance of our responsibilities.
Human decision-making is complex. On our own, our tendency to yield to short-term temptations, and even to addictions, may be too strong for our rational, long-term planning.
...When a choice will make a real difference in our lives—obvious or not—and when we are living in tune with the Spirit and seeking his guidance, we can be sure we will receive the guidance we need to attain our goal.
One day we will have more inflation, and our bonds will bleed like a pig. The only reason for buying long bonds is short-term or as a desperate haven for terrorized investors. But the potential to make longer-term real money is naught.
The constant drive for campaign dollars has distorted decision-making in Washington, DC, to the point where our systems can no longer effectively address complex, long-term problems like the climate crisis. Which brings me to my other major concern - the short-term focus of capitalism. It distorts the allocation of resources and the decision-making processes of companies.
Anthony and I are putting together a company where we won't lose our jobs based on quarterly earnings and can afford to play a longer game. That short game is what creates a glut of mediocrity in the market because people are desperate for hits, and it puts so much pressure on executives to deliver them. We will take that pressure off the artists.
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