Get Started
Home Authors Tags

“Investing is a business where you can look very silly for a long period of time before you are proven right”

Bill Ackman

Copy Icon
Copied to clipboard

Simplified Meaning:

When you put your money into investments, it might seem for a while like you made a bad choice, even if you eventually make a good profit. Imagine you bought stock in a company because you believed it would succeed. If the stock price goes down for months or even years, people might think you made a mistake. Some might joke or criticize you for your decision. However, if that company finally grows and the stock price rises, you will end up making a lot of money, proving you were right all along. An example of this is the story of Amazon. In the early days, people saw it as just a bookstore and doubted its potential. If you had invested early, you would have faced criticism because Amazon struggled financially for years. But over time, it became one of the biggest companies in the world. That early investment, which looked foolish, would have eventually paid off greatly. This advice means that sometimes you have to be patient and not worry about what others think while waiting for your investment to succeed. Stay confident in your decisions, even if it takes a long time to see results.

Related tags
Finance Investing Investment Long-term Market Patience Perseverance Risk Strategy Wisdom
Translations
🇺🇸 English 🇨🇳 中文 🇪🇸 Español 🇪🇬 العربية 🇫🇷 Français 🇮🇷 فارسی 🇯🇵 日本語
FEATURED QUOTES
Surprise me with another quote
Instagram Icon Facebook Icon X Icon Threads Icon