Betterquality, advertising targeted on only fourbrands and the improvement in used-vehicle valuesthat is coming from no longerchasingvolume at all costs shouldallspeedGM's revival.
The dominance of short-termism is evidenced by the magnitude of institutional stock "renting" for terms of 12 months or less, the volume of high-speed, high-frequency algorithmic short-term trading, the short average tenures of chief executive officers and the dominance of executive compensation tied solely to short-term results.
As a 23-year-old engineer at Bell Laboratories in 1979, I came to believe that high-speed, high-volume transmissions were feasible via copper telephone lines.