Over an over, this isn't true. Look at GE under Jack Welch. They sold off everything that made them great, but it sure looked like they were profitable, so the stock soared right until everything went to hell. Look at all the companies that have copied their pattern over and over to this day. Everything is about manipulating the perception of the market right now, not the perception of the market - or even the existence of the company - in a decade.

Long-term oriented markets wouldn't be dumping so much money into high-frequency trading. Instead of reducing latency, a long-term focused market would increase the minimum latency to disable that kind of nonsense.