Quotes About Long-term

In the long-term, security comes from an asset you create or acquire, not a position in someone else's asset.

In business, we say that people overestimate what you can do in a year and underestimate what you can do in a decade. This is true in philanthropy as well.

The children don't choose to be in the business, but the harming and long-term effects through arguments, divorce and conflicts over the financial issues in a business are huge.

So it's worth some real up front time to think through the long term value and the defensibility of the business.

I like to pride myself on thinking pretty long term, but not that long term.

Use your passion and expertise to provide long term value and innovative solutions for your clients

Over the very long term, history shows that the chances of any business surviving in a manner agreeable to a company's owners are slim at best.

Shefrin and Statman hypothesize the existence of a split in the human psyche. One side of our personality is an internal planner with a long-term perspective, an authority who insists on decisions that weight the future more heavily than the present. The other side seeks immediate gratification. These two sides are in constant conflict.

If my favorite Internet company sells for $30 a share, and yours sells for $10, then people who focus on price would say that mine is the superior company. This is a dangerous delusion. What Mr. Market pays for a stock today or next week doesn't tell you which company has the best chance to succeed two to three years down the information superhighway.

A successful stockpicker has the same relationship with a drop in the market as a Minnesotan has with freezing weather. You know it's coming, and you're ready to ride it out, and when your favorite stocks go down with the rest, you jump at the chance to buy more.

When we say this, we're assuming you are a long-term investor who is determined to stick with stocks no matter what.

The lesson here is: don't spend a lot of time poring over the past performance charts. That's not to say you shouldn't pick a fund with a good long-term record. But it's better to stick with a steady and consistent performer than to move in and out of funds, trying to catch the waves. Another major issue is what happens to a

Houses, like stocks, are most likely to be profitable when they're held for a long period of time. Unlike stocks, houses are likely to be owned by the same person for a number of years—seven, I think, is the average. Compare this to the

If managers focus only on short-term results, they are often justified in continuing to intervene to sustain results.

Generative learning cannot be sustained in an organization if people's thinking is dominated by short-term events. If we focus on events, the best we can ever do is predict an event before it happens so that we can react optimally. But we cannot learn to create.

The Japanese believe building a great organization is like growing a tree; it takes twenty-five to fifty years.

Ultimately, the payoff from integrating systems thinking and mental models will be not only improving our mental models (what we think) but altering our ways of thinking: shifting from mental models dominated by events to mental models that recognize longer-term patterns of change and the underlying structures producing those patterns.

David Lipsky: Why aren't you married at thirty-four? David Foster Wallace: You first. David Lipsky: Um-I think it's hard to fill that role...to cast it and to fill it when you know it's for thirty or forty years...someone who, whatever mental landscape you're in, they're going to be in it too, you need someone who'll fit any landscape you can imagine.

In light of men's emphasis on fidelity in a committed relationship, displays of fidelity should be paramount in women's tactics of attraction. Faithfulness displays, such as honesty and trustworthiness, signal that the woman is pursuing a long-term mating strategy and that she is doing so without deception and exclusively with one man.

The effectiveness of playing hard to get as a long-term attraction technique stems from providing men with two key reproductive assets: desirability on the mating market and a signal that he alone will have sexual access.

A man at the apprenticeship stage of a promising career may pursue only brief affairs, figuring that he will be able to attract a more desirable long-term mate later on, when his career is closer to its peak.

Displays of love, commitment, and devotion signal a man is willing to channel his time, energy, and effort to her in the long run. Commitment is difficult and costly to fake, because commitment is gauged from repeated signals over time. Men who are interested only in sex are unlikely to invest this much effort.

but things change once you've been together for 10 years. They rarely make movies about long-term couples and for good reason. Our lives are boring.

Relatively cautious policies adopted during the George H. W. Bush administration were amplified and extended during the presidencies of Bill Clinton, George W. Bush and Barack Obama until they threatened to damage long-term American interests.