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Go down the list of historical investing blunders, and I’m telling you, no less than 90 percent of them are caused by investors trying to compress this natural, “most convenient” time horizon.
Morgan Housel • Same as Ever: Timeless Lessons on Risk, Opportunity and Living a Good Life
It’s about earning pretty good returns that you can stick with and which can be repeated for the longest period of time. That’s when compounding runs wild.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
It’s about earning pretty good returns that you can stick with and which can be repeated for the longest period of time. That’s when compounding runs wild.