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Tung Quoc Posted 20 years ago
Grammar

doubt (5)

He warned that too many City fund managers are focused on short-term performance instead of understanding how businesses could be better run for the long haul, and urged institutions to engage with firms instead of simply selling shares if they have concerns. 'The overall picture has to be one of ownership, not one of trading,' he says.

1/ What is the meaning of for the long haul here ?Is it an expression?

2/ What is the meaning of engage with firms ?Please interpret that.

3/ What is the meaning of to be one of ownership, not one of trading ?Please interpret that.

Quoc
  

Top answer

1) for a long time This is an idiom. Search for long haul here 2) Become involved. Start discussions with the companies in which you have shares, instead of just/only selling off their shares in case of problems.

  • 1) for a long time This is an idiom.
  • Search for long haul here 2) Become involved.
  • Start discussions with the companies in which you have shares, instead of just/only selling off their shares in case of problems.
  • 3) You become a real owner, interested/involved in the company, not just a seller of shares.
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1 Answers
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1) for a long time

This is an idiom. Search for
long haul
here
2) Become involved. Start discussions with the companies in which you have shares, instead of just/only selling off their shares in case of problems.

3) You become a real owner, interested/involved in the company, not just a seller of shares.

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