Lesson of the day from William Green's book Richer, Wiser, Happier: How the World’s Greatest Investors Win in Markets and Life
Lesson 2 Think Long-Term:
"This basic building block of society is broken when those with their hands on the permanent capital change their minds with their underwear...The Bible would say that you want to build your house on rock rather than sand." - Nick Sleep
When investing, it's important to think long-term and not get caught up in short-term fluctuations. This is also a good life lesson to apply when making any major decisions. By considering the long-term consequences, you can make choices that will set you up for lasting success and fulfillment, rather than instant gratification.
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