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Raoul Pal@RaoulGMI 4h4 hours ago
Longer time horizon is the greatest edge left in investing.
15 replies 55 retweets 160 likes
Raoul Pal@RaoulGMI 4h4 hours agoEdge in trading is not the same as edge in investing....
Edge in trading
I would say it's the ability to identify, read, and trade the trend.
What more could it be, and what more do you need?
Edge in trading
I would say it's the ability to identify, read, and trade the trend.
What more would you need?
Raoul Pal@RaoulGMI 4h4 hours ago
Longer time horizon is the greatest edge left in investing.
15 replies 55 retweets 160 likes
Somehow evolution favors the impatient since most young peoples are impatient and probably will ignore your advice yet as you all said, patience is the most important virtue for successful investing. I wished I listened to reasons when I was younger and had more time for compounding.I try to beat this into the head of every young person I know.
They just don't get it.