“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
“Someone once told me a story about long term relationships. To think of them as a continent to explore. I could spend a lifetime backpacking through Africa, and I would still never know all there is to know about that continent. To stay the course, to stay intentional, to stay curious and connected - that's the heart of it. But it's so easy to lose track of the trail, to get tired, to want to give up, or to want a new adventure. It can be so easy to lose sight of the goodness and mystery within the person sitting right in front of you.” ThinkingKnowsWantGivingHeartPersonsLongStillsStoriesCoursesEasyTermLosesMysteryFrontsAdventureGoodnessGiving UpSittingSightTiredLifetimeTrackConnectedCuriousLong TermContinentsTrailsBackpackingLong Term RelationshipNew Adventure Author:Joy Williams