The short-term crowd is always too distracted to notice the long-term crowd slowly compounding.

An investor obsessing over daily economic data misses the big picture. A teenager chasing fleeting popularity neglects to develop genuine interests and skills. A co-worker stops paying attention to the details to chase attention. All chase false stimuli... See more

"We often make choices based on immediate outcomes. What can I do to experience a little joy in the next 30 minutes? What can I accomplish in the next hour? But if you always expect to get a little bit of reward for a little bit of effort, then you often overlook actions that lead to greater payoffs down the road. The relationship between input and... See more

Impatience is an expensive emotion.

Every app wants your decision in seconds. Every employer wants results this quarter. Every investment platform profits when you trade. Meanwhile, the boring investor who indexed and touched nothing decades ago owns your neighborhood. Who's winning?

The patient inherit everything the impatient leave behind.