Patience is a virtue when it comes to realizing investment returns from "summary" of The Little Book of Behavioral Investing by James Montier
Investors often fall into the trap of seeking immediate gratification when it comes to their investments. They want to see quick results and high returns, leading them to make impulsive decisions that can be detrimental in the long run. However, the reality is that successful investing requires patience. In the world of investing, patience is indeed a virtue. It is crucial to understand that achieving significant returns takes time and cannot be rushed. Markets fluctuate, and investments can be volatile, which means that it may take months or even years to see substantial growth. By being patient...
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