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607 points givemeethekeys | 2 comments | | HN request time: 0.472s | source
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sobiolite ◴[] No.44990406[source]
Ironic, Western politicians thought opening up to trade with China would lead to it adopting a Western model of government. Instead it's lead to the USA adopting the Chinese one.
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robotnikman ◴[] No.44990607[source]
It somewhat makes sense in terms of industries which are deemed strategically important. Intel needs to start thinking long term instead of short term profits.
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JackYoustra ◴[] No.44990961[source]
if someone believes this, they should buy intel and just do it outright! But no one does because it's not as easy as "just think long term" - if it were, berkshire has the liquid money to buy intel several times over.
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1. Nevermark ◴[] No.44991202[source]
A large new powerful shareholder come in supporting long term thinking does make a difference.

Public shareholders are generally short term motivated.

One clear reason it doesn't make as much sense to Buffet is he wouldn't get the national security hedge that made the stock a buy for the government.

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2. Paradigma11 ◴[] No.45002738[source]
I wouldn't call those two years till the next elections long term.