Longterm investing is key to success from "summary" of Common Sense on Mutual Funds by John C. Bogle
Long-term investing is the cornerstone of successful investing. In a world of instant gratification and short-term thinking, it is easy to lose sight of the bigger picture. The allure of quick profits and rapid returns can be tempting, but the reality is that true wealth is built over time. John C. Bogle emphasizes the importance of patience and discipline in the world of investing. He stresses that trying to time the market or chase the latest hot stock is a fool's game. Instead, he advocates for a long-term approach that focuses on the fundamentals of investing. By taking a long-term view, investors can weather the inevitable ups and downs of the market. Bogle argues that short-term fluctuations are just noise and should not distract investors from...
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