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4min chapter
TIP332: Long-Term Investing w/ Tom Gayner
We Study Billionaires - The Investor’s Podcast Network
The Wisdom of Long-Term Investing: Tortoise vs. Hare
This chapter explores the intricacies of selecting between two government bonds with different interest rates and the advantages of long-term investment strategies. It illustrates how the 6% zero-coupon bond can outperform the 8% current coupon bond, emphasizing resilience in investing akin to Aesop's fable.
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