“The best way to invest is with a long-term perspective”
— Bill Ackman
Simplified Meaning:
Taking a long-term view means thinking about the future and not just what happens right now. For example, if you plant a tree, it won't give you fruit right away, but if you care for it over the years, eventually, it will. The same idea applies when you put money into savings or invest in things like stocks. Instead of looking for quick gains, understand that good things take time. Over the years, these investments can grow much larger, like the tree. By being patient and not rushing, you are more likely to have more success in the end. This advice helps you make better decisions and avoid risky moves that might seem good today but can hurt you tomorrow.
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