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While these objections have their merits, we need an entirely different standard of evaluation: Actions should be judged by their ends rather than the means. Rather than prioritizing the short-term personal benefits of consulting, think about whether the field allows you to put your talents and academic standing to some real use. Ask yourself not, "Where would I like to work?" but rather, "What am I trying to accomplish...

Author: By Jal D. Mehta, | Title: Avoiding a Path to Nowhere | 10/16/1998 | See Source »

...their clients are. If you work for Bain you might be hired by Pfizer to analyze how Viagra might sustain its current level of popularity. If you work for Mitchell Madison you might be assigned to figure out when the best time is to begin marketing a competing product. Short-term effect: Your company either wins or loses, makes money or it doesn't; you get a raise or promotion or you don't. Long-term effect: Nada. Nothing. Zip. Zilch...

Author: By Jal D. Mehta, | Title: Avoiding a Path to Nowhere | 10/16/1998 | See Source »

While most students said they are weighing long-term career options, others are looking for short-term positions that will provide them with fundamental skills for future jobs...

Author: By Christopher C. Pappas, CONTRIBUTING WRITER | Title: Gordon Center to Host Career Fair | 10/16/1998 | See Source »

...problem with the stock market is that it has become alienated from the real world by its own insane pace [SPECIAL REPORT, Sept. 14]. If short-term investment in stocks was made impossible, the market would cure itself of this insanity. The connection between actual company profits and stock prices now seems thin indeed, and the notion that you invest in a company to get a share of that company's profits has almost been lost. To buy shares in a company for less than a year can't possibly be deemed serious. Profits from such short-term investments ought...

Author: /time Magazine | Title: Letters: Oct. 12, 1998 | 10/12/1998 | See Source »

...globalists and International Monetary Fund supporters will disagree with the steps Malaysia has taken to control its currency and block foreign investors from making short-term gains on the local market. But do we have any choice when the very people who are supposed to control the international financial system are unable to stop the currency manipulators? Speculators are changing the fundamentals of our economy in a period of three to six months. Left to true market forces, currency revaluations would take two to three years. Try to understand that we are fighting for our survival. The imf helps only...

Author: /time Magazine | Title: Letters: Oct. 12, 1998 | 10/12/1998 | See Source »

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