Any rise in high-quality assets is never a straight line. It’s a process of forming consensus through questioning, lifting off in despair, and topping out in madness. In the middle, it must inevitably be accompanied by intense fluctuations and shakeouts.
This is just like the famous “Tortoise and the Hare” race.
Why does the tortoise ultimately win? Because in the world of investing, “slow is fast, and fast is slow.” The hare runs quickly, but it sleeps in the middle and frequently turns back; the tortoise seems slow, but it never stops moving. Its direction is correct, and reaching the finish line is inevitable.
As Buffett put it:
“If you’re not willing to own a stock for ten years, don’t even think about owning it for ten minutes.”
“When others are greedy, I’m fearful; when others are fearful, I’m greedy.”
Only by deeply understanding this—having the endurance and composure of a tortoise—can you beat 90% of investors in the market. Change your investing habits, starting with refusing impatience. The true winners are always long-termists.
Wishing everyone the ability to hold their chips and patiently wait for the blossoms to bloom!
This is just like the famous “Tortoise and the Hare” race.
Why does the tortoise ultimately win? Because in the world of investing, “slow is fast, and fast is slow.” The hare runs quickly, but it sleeps in the middle and frequently turns back; the tortoise seems slow, but it never stops moving. Its direction is correct, and reaching the finish line is inevitable.
As Buffett put it:
“If you’re not willing to own a stock for ten years, don’t even think about owning it for ten minutes.”
“When others are greedy, I’m fearful; when others are fearful, I’m greedy.”
Only by deeply understanding this—having the endurance and composure of a tortoise—can you beat 90% of investors in the market. Change your investing habits, starting with refusing impatience. The true winners are always long-termists.
Wishing everyone the ability to hold their chips and patiently wait for the blossoms to bloom!
