“The entire system is now wired toward the short term. Banks and securities firms grow revenue from the velocity of money. So they have a short-term incentive. Media, especially in the online age of the 24/7 news cycle, draw traffic from hyper-focusing on the latest developments… But they should do just the opposite, taking advantage of their longer investment horizon to keep their money working for them. Because let’s face it – if you have 25, 30 or 40 years to save for retirement and 20 or 30 years to fund in retirement, you should not be worrying about what’s happening this second, today, this week – even this quarter.” - Larry Fink, Chairman of Blackrock Capital