Their theory: a high stock price tends to attract more patient and knowledgeable investors who pay closer attention to a company's long-term strategy than its ability to hit short-term earnings targets.

FORBES: Magazine Article

The strategy depends on an ability to outperform the market consistently, which many economists regard as virtually impossible.

NEWYORKER: Mastering the Machine

"As we move forward, we remain confident in our strategy, competitiveness and ability to create value for shareholders, " added Rooke.

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