Report
23 January 2014 - Short-term decision making runs counter to individual savers needs. Much of the capital in the chain originates with savers whose interests are long-term. Yet today few individuals’ directly invest their own savings into markets. Rather, the majority of capital works its way through the hands of multiple financial market participants before individual savers realize some return from the net cash received on their effective investments in corporations, multiple links down the chain from them. Unfortunately as capital weaves its way through this system, it is...