Friday, December 21, 2007

Long or Short Capital Hits Another One Out Of The Park

The Genii at Long or Short Capital got it exactly right in today's tirade against things that are too long.

Long or Short Capital: Short Long

Using my “Why Quantity” investing screen on Bloomberg, I sent our analtern (analyst intern) to research length. His findings are that everything is at least 25% too long and range up to 1000% too long.
Examples:

  • Conference calls are, on average, 57% too long
  • Meeting are 123% too long
  • Academic books are 432% too long — many could be boiled
    down to two pages without any loss of signal
  • Reports to bosses are 231% too long, 488% if you adjust
    for the cost of time for the average boss

Really, what more do you need to know?

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