The Power of the Understated
September 8th
Rule number 1: Never lose money. Rule number 2: Never forget rule number 1.
The best investment choices aren't typically the ones that create a stir or generate instant acclaim. Instead, they're often more measured, thoughtful selections that may not immediately excite.
The allure of immediate gains can be deceptive, leading investors to seek approval and quick profit. This pursuit can divert us from the path of long-term sustainability, favouring fleeting success instead.
Meanwhile, the more understated investments—the ones met with 'yawns'—represent gradual, consistent growth. These choices might not ignite immediate interest or enthusiasm, but in time, provide steady, reliable returns. It's these unassuming decisions that often go overlooked, that truly form the foundation of a robust investment portfolio.
In valuing long-term success over ephemeral excitement, we should not underestimate the power of quiet, consistent effort. For, whether in investing or everyday life, such diligence is often what yields the most rewarding results.
Copyright © 2023 by Scott Sansovich