Short-term vs Long-term - The I.G.Y. Foundation
igyfoundation.org.uk
Saved by sari
Short-term vs Long-term - The I.G.Y. Foundation
Saved by sari
Instead of fast and furious, intentional imperfection is slow and steady. It sacrifices the thrill of short-term rewards for the serenity of sustainable success.
“If we act upon the desire to emulate those g... See more
The lesson is clear: Don’t just do something, stand there. It’s time for everyone to acknowledge that the term “long-term investor” is redundant. A long-term investor is the only kind of investor there is. Someone who can’t hold on to stocks for more than a few months at a time is doomed to end up
If you want to be the industry leader, sometimes you need to take the difficult path. Be wary of the path of least resistance. It may look compelling in the short term but often proves less differentiating and defensible in the long term. Shortcuts tend to be less gratifying over time. The long game is the most difficult one to play and the most bo
... See moreLong-term thinking protects us during downturns (of all kinds), because it keeps us moving toward our most important goals.
“Good product leaders think about success in the short term and the long term. If anything, they’re thinking more about the long term than many other people around the table,”