The Value of Time
August 28th
Our favorite holding period is forever.
When it comes to investing, a discipline of patience and long-term thinking often yields the best results. The urge to react to market fluctuations can lead to hasty decisions driven by fear or greed. But the investments that truly matter are those grounded in sound fundamentals and held over time.
Short-term gains and market applause can be misleading, often leading us to prioritize fleeting success over long-term sustainability. In contrast, the true power of compounding, often met with yawns, becomes evident over time, producing consistent, reliable returns.
These principles extend beyond investing. They speak to the value of commitment, of holding onto our principles, dreams, and relationships, even when circumstances are challenging. The true worth of anything of value only becomes apparent over time.
In investing and in life, respect for time, patience, and commitment to the long haul often lead to the most rewarding outcomes. So let's aspire to look beyond the immediate, investing our time, efforts, and resources in pursuits that promise enduring value.
Copyright © 2023 by Scott Sansovich