The Power of Yawns
October 24th
Every saint has a past. Every sinner has a future.
Investment decisions are often influenced by the latest buzz, with investors swayed by the allure of instant acclaim or speedy profits. However, wise investing demands a more measured approach that may not immediately excite or garner widespread approval.
This allure of "applause" symbolizes the dangerous temptation of short-term gains. Decisions made with an eye toward quick profits can lead investors astray, causing a shift in focus from long-term viability to momentary success.
Conversely, the "yawns" signify the steady, sustained progress of a carefully considered investment. Such decisions may not create a stir or draw attention initially. Yet, over time, they consistently yield reliable returns. These unassuming, often overlooked decisions constitute the foundation of a robust investment portfolio.
In the realm of investing, just as in life, the quiet, consistent effort often proves to be the most rewarding. Thus, in our pursuit of gains, let us place value not on fleeting excitement, but on long-term success.
Copyright © 2023 by Scott Sansovich