Be patient and disciplined from "summary" of The Simple Path to Wealth by Jl Collins
The concept of being patient and disciplined is fundamental when it comes to investing. It is not about trying to time the market or making quick decisions based on emotions. Instead, it is about having a long-term perspective and sticking to a plan even when things get tough. Being patient means understanding that investing is a long-term game. It is about staying calm and not being swayed by the daily fluctuations of the market. By being patient, you give your investments time to grow and compound over the years. This is where the real wealth-building happens. Discipline, on the other hand, is about sticking to your investment plan no matter what. It means not giving in to the tem...
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