Quotes About Long-term

It's all about deferred gratification," says Sleep. "When you look at all the mistakes you make in life, private and professional, it's almost always because you reached for some short-term fix or some short-term high. . . . And that's the overwhelming habit of people in the stock market.

A good teacher must be content to be a sower rather than a reaper," he said. "Teachers must not expect to see immediate, specific, concrete results of their efforts. If they have any effect upon their students, it will show up later in life, long after their students have left them." The same can be said of the pastoral ministry.

First, we invest now so that we may spend later. In fact, this is the essence of investing: the forbearance of immediate spending in exchange for future income. Because of the mathematics of compound interest, spending even a tiny fraction on a regular basis devastates final wealth over the long haul.

Such high interest rates are prohibitive for long-term projects; at 20% per annum, the amount owed doubles in less than four years. With such a crushing future burden, no rational businessman or corporation borrows to fund a project that will not become profitable for five or ten years, as is the case with most large commercial undertakings.

So the twentieth century has seen three severe drops in stock prices, one of them catastrophic. The message to the average investor is brutally clear: expect at least one, and perhaps two, very severe bear markets during your investing career. Long-term

Paradoxically, in the long run, bonds are at least as risky as stocks. This is because stock returns are "mean reverting." That is, a series of bad years is likely to be followed by a series of good ones, repairing some of the damage.

Bonds are even worse, since their returns do not mean revert—a series of bad years is likely to be followed by even more bad ones, as happened during the 1970s. This is the point made by Jeremy Siegel in his superb treatise, Stocks For The Long Run. Professor Siegel pointed out that stocks outperformed bonds in only 61% of the years after 1802, but that they bested bonds in 80% of ten-year periods and in 99% of 30-year periods. Looked

Looked at from another perspective, in the 30 years from 1952 to 1981, stocks returned 9.9% and bonds returned only 2.3%, while inflation annualized out at 4.3%. Thus, during this period, the bond investor lost 2% of real value on an annualized basis, while the stock investor made a 5.6% real annualized return. The last fifteen years of that period were years of high inflation, so this is just another way of saying that stocks withstand inflation better than bonds. Short-term

During bull markets, everyone believes that he is committed to stocks for the long term. Unfortunately, history also tells us that during bear markets, you can hardly give stocks away. Most investors are simply not capable of withstanding the vicissitudes of an all-stock investment strategy. The

write to Securities Research Company, 27 Wareham Street, #401, Boston, MA 02118, and purchase one of the company's long-term wall charts. Also, in 2008, Daily Graphs, Inc., created a 1900 to 2008 stock market wall chart that shows major market and economic events.

Successful long-term investors like Warren Buffett know that bear markets are buying opportunities.

holding people responsible. People born into the most chaotic situations can still be asked the same questions: Are you living for short-term pleasure or long-term good? Are you living for yourself or for your children? Do you have the freedom of self-control or are you in bondage to your desires? The Cost of Relativism, NYT article 3/10/15

the basic rules of serious futurology are (a) look for the large trends and analyze how they work, (b) construct models to suggest how different trends may interact, and (c) be alert for countertrends or other factors that might falsify or cut across the predictions suggested by long trends and simple modeling.

Three Principles of Short- and Long-Term Performance 1.?Scrub accounting and business practices down to what is real. 2.?Invest in the future, but not excessively. 3.?Grow while keeping fixed costs constant.

We had to scrub our books and practices so that they reflected the reality of our underlying businesses. We also had to shake our executives out of their blinding fixation on quarterly results. Only then could we make planning decisions that supported long-term growth.

Another commented, 'QE is a key ingredient in a recipe that is destroying the value of the UK's retirement savings. It's a torture for pension funds because it artificially suppresses long-term interest rates'.138

There is only one way of thinking that is capable of making progress, or of surviving in the long run, and that is the way of seeking good explanations through creativity and criticism. What

When you look at the results on an after-fee, after-tax basis, over reasonably long periods of time, there's almost no chance that you end up beating the index fund.

Supremely rational investors take the further step of acting against consensus, rebalancing to long-term portfolio targets by buying the out-of-favor and selling the in-vogue.

Even, he argued, if we are all rational enough to understand that it's in our long-term interest to live in peace and security, our short-term interests are often such that killing and plundering are the most obviously profitable courses to take, and all it takes is a few to cast aside their scruples to create utter insecurity and chaos.

To be fair, they don't deny that human beings are quirky and imaginative creatures - they just seem to reason that, in the long run, this fact makes very little difference. Those who don't follow an optimal pathway for the use of resources are destined for the ash heap of history.

In busy times there is also a temptation to let investments such as training take a back seat to getting the work out the door. Only adherence to the firm's principles and values prevents opportunistic behavior that may have short-term benefits but long-term adverse consequences.

No existe cualidad de la naturaleza humana que cause errores más fatales en nuestra conducta que la que nos lleva a preferir lo que es presente a lo distante y lo remoto y nos hace desear los objetos más por su situación que por su valor intrínseco.

We also see in these messages and throughout the Bible that while God exhorts us to have faith in Him, we aren't always going to reap immediate rewards. Life often seems unfair, and even a strong faith is not guaranteed to produce bliss and prosperity in the short term.