Retail investor: I'm always in & out of positions. Gotta stay nimble.


Me: Name one person who got rich being "nimble."
Retail investor: ...day traders?
Me: 94% of them lose money. So 6% make it... those are your odds. Now name the richest investors alive.
Retail investor: Buffett... Munger...
Me: Held Coca-Cola for 35+ years. Held Apple for a decade. Every billionaire investor plays in DECADES & you're playing in days... then competing against them.
Retail investor: But holding feels like doing nothing.
Me: It IS doing nothing. That's the hard part. Doing nothing while your winners compound is the highest paid skill in the market.
The wealth is in the waiting. Buy great companies below what they're worth, sell portfolio secured puts along the way, & let DECADES do what days never will.
KO-3.95%
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