“The correct rate of speed in innovating changes in long-standing social customs has not yet been determined by even the most expert of the experts. Personally I am beginning to think there is more danger in lagging than in speeding up cultural change to keep pace with mechanical change.” ThinkingLongSocialChangeDangerStandingRateDeterminedSpeedExpertsCustomsPaceSpeedingCultural ChangeSpeeding Up Author:Mary Barnett Gilson
“When setting a long-term goal, find the pace necessary to achieve it.” LongGoalTermAchieveSettingSettingsLong TermPaceLong Term Goals Author:Rickson Gracie
“In the stock market (as in much of life), the beginning of wisdom is admitting your ignorance. One of the many things you cannot know about stocks is exactly when they will up or go down. Over the long term, stocks generally rise at a nice pace. History shows they double in value every seven years or so. But in the short term, stocks are just plain wild. Over periods of days, weeks and months, no one has any idea what they will do. Still, nearly all investors think they are smart enough to divine such short-term movements. This hubris frequently gets them into trouble.” ThinkingKnowsYearsLongStillsIdeasEnoughShowsValuesTermNiceTroubleWeekMovementIgnoranceDivineMonthsPeriodsSmartSevenLong TermPaceInvestorsSeven YearsShort TermAdmittingHubris Author:James K. Glassman