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Warren Buffett's Money Rule 3: Think long-term and be patient

Warren Buffett's Money Rule 3: Think long-term and be patient

Friday, March 24, 2017, 1:00 PM

Money is part of nature, it doesn't grow overnight. However, we overestimate money we can make in a year and underestimate what we can make in 10 years. People make money by staying invested for the long-term and without doing much "dancing in and dancing out" i.e. changing portfolios frequently. So follow the Warren Buffett’s rule, think long-term and be patient.
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