The parallel multiverse example really nails it! I've seen so many people chase those flashy returns only to bail out after one bad year. The Howard Marks reference is spot-on too, consistancy compounds way better than most people think. In my experiance, investors who can stick around through flat years always come out ahead. That 97% cumulative vs 19% speaks for itself.
The parallel multiverse example really nails it! I've seen so many people chase those flashy returns only to bail out after one bad year. The Howard Marks reference is spot-on too, consistancy compounds way better than most people think. In my experiance, investors who can stick around through flat years always come out ahead. That 97% cumulative vs 19% speaks for itself.
Thank you for the generous comment. We'll do our best to keep it up!