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Stick with the strategy for the long term from "summary" of The Little Book That Beats the Market by Joel Greenblatt
The concept of sticking with the strategy for the long term is crucial in investing. It is easy to get caught up in short-term market fluctuations and become swayed by emotions. However, successful investing requires discipline and patience. By staying committed to a proven strategy over the long term, investors can increase their chances of achieving above-average returns. One of the key reasons to stick with the strategy for the long term is to allow for the power of compounding to work its magic. Compounding refers to the ability of an investment to generate earnings, which are then reinvested to generate more earnings. Over time, compounding can significantly boost returns. By staying invested in a strategy for the long term, investors give their investments the time needed to benefit from compound...
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