Warren Buffett and Jamie Dimon want companies and investors to embrace a new idea of value. Here's where to begin

Warren Buffet and Jamie Dimon penned an attack on quarterly guidance and the short-term shareholder mindset last year, and support has followed from the Business Roundtable. But words are not actions and beating earnings by a penny is still what counts. It's time for follow-through from companies on creating long-term value.