Long time horizons change our incentives, usually in good ways. This is one of the core findings of game theory: people treat each other better when they intend to interact repeatedly in the future.

Chesterton argues that people are ultimately fulfilled not by riding the bandwagon but by acts of commitment — loving, working, and tending to things worthy of care and affection, often without rational justification. He writes: “The man who is most likely to ruin the place he loves is exactly the man who loves it with a reason. The man who will... See more

The cadence of your work shapes your temperament. When you’re a day trader, every phone notification matters. But when you’re a committed buy-and-hold investor, you can mostly ignore them. The longer your time horizon, the calmer life becomes. Zoom out far enough and once-gargantuan hurdles turn into tiny speed bumps on the road of life.