The Importance of Longevity in Investing

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The common denominator of almost all big fortunes isn't returns, it's endurance and longevity. Earning excellent returns for a few years is not nearly as powerful as earning pretty good returns for a long time. For the average American, their house might be the best investment that they will ever make.

There are so many times in life where what you do is less important than how long you've been doing it for.

It's true in careers.

It's true in relationships.

It's true in sports.

And it's true with money.

This episode is about compounding -- and how staying put, uninterrupted, is often the most overlooked skill.