Longterm thinking is key in investing from "summary" of The Dao of Capital by Mark Spitznagel
Long-term thinking is the linchpin of successful investing. To grasp this concept, one must understand the interconnectedness of time, risk, and capital. Time is not just a measurement; it is a crucial component in the realm of investing. It is the alignment of time with risk that creates the opportunity for capital growth. When one adopts a long-term perspective, they are able to navigate the unpredictable nature of the market with a sense of calm and purpose. This mindset allows the investor to see beyond the short-term fluctuations a...
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