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MAY 02, 2013 - Business Insider

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Facebook Is Doing Exactly The Right Thing -- Investing Aggressively And Ignoring Wall Street

Facebook is doing exactly what it should be doing. It is also doing what many more American companies should be doing: Investing for the long term, without worrying about the short-term impact on the bottom line or the myopic whining of Wall Street. A company investing aggressively at the expense of short-term profit shouldn't be news. It should be what all companies do. Alas, it's so rare in these days that it qualifies as downright startling. Most American companies and management teams have become so hijacked by short-term Wall Street traders, and so obsessed with their annual bonuses and ... Read More

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