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'The Wise-Man Problem' – Low-Hanging Fruit Individual Investors Overlook

Stansberry Investor Hour

CHAPTER

The Importance of Thinking Short Term

The quiz was, what do all these numbers have in common? And my response is none of them have anything to do with the ideal period to analyze an investment or an investment return. So if we think about our investments on a year to date basis or a one year basis or our one year time horizon, we're really doing ourselves a disservice. It's just kind of a made up number. I think it's a source of investment error. But speaking to your other point about getting past the quarterly numbers or the short term, hard and it takes a different discipline.

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