Patience is a virtue!
I look at investing in general as a large cooking pot that you start adding different ingredients to a little bit at a time. You can’t expect to add everything all at once and have a miraculous meal prepared instantly. It takes time to gather and prepare all the ingredients you need for your meal. And then the time factor comes in to play. You have to cook these ingredients slowly and keep stirring so you don’t end up with a worthless pot of overcooked ingredients.
Take the time to get to know a company’s fundamentals. Take the time to see where this company is headed and what their mission is for the future. Their goals, sources of funding, strategies to overcome possible hurdles, and level of innovation all play a role in how successful a company can be within the next year, 5 years, 10 years, and so on.
In the words of the great Warren Buffet: “Successful investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant.”
Take the time to get to know a company’s fundamentals. Take the time to see where this company is headed and what their mission is for the future. Their goals, sources of funding, strategies to overcome possible hurdles, and level of innovation all play a role in how successful a company can be within the next year, 5 years, 10 years, and so on.
In the words of the great Warren Buffet: “Successful investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant.”
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