“My costliest mistakes have come whenever I grew impatient or envious of other people’s returns and strayed off course by gambling on private companies or individual stocks that held the promise of a racier route to riches. The paradox here is that the slower road almost always proves to be faster in the end. The investors I admire most tend to be heroically inactive, not because they’re lazy but because they recognize the benefits of patience.” —William Green
Links - 8/14/2021
Links - 8/14/2021
Links - 8/14/2021
“My costliest mistakes have come whenever I grew impatient or envious of other people’s returns and strayed off course by gambling on private companies or individual stocks that held the promise of a racier route to riches. The paradox here is that the slower road almost always proves to be faster in the end. The investors I admire most tend to be heroically inactive, not because they’re lazy but because they recognize the benefits of patience.” —William Green