Long-Term Investing: An Optimal Strategy in Short-Term Oriented Markets<br /> <br /> Keynote Address<br /> <br /> Introduction by<br /> Patrick Bolton <br /> Barbara and David Zalaznick Professor of Business and Economics, Columbia Business School<br /> <br /> Delivered by<br /> Joseph Stiglitz <br /> Co-Chair, Committee on Global Thought<br /> University Professor, Columbia University

Long-Term Investing: An Optimal Strategy in Short-Term Oriented Markets

December 3, 2012

Long-Term Investing: An Optimal Strategy in Short-Term Oriented Markets

Keynote Address

  • Joseph Stiglitz, University Professor and Co-chair, Committee on Global Thought, Columbia University
  • Introduction: Patrick Bolton, Barbara and David Zalaznick Professor of Business and Economics, Columbia Business School

In this keynote address, Joseph Stiglitz contextualizes market short-termism in the broader evolution of capitalism, from the emergence of the corporation to the lengthy investment agency chains we have today, and argues that our current form of capitalism enables exploitation. A discussion with the audience, moderated by Patrick Bolton, follows.

Read the transcript of this event: Stiglitz Keynote Address

Part of the Sustainable Investment research initiative.