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The Investment Strategy To Build Generational Wealth (ft. Morgan Housel)
My First Million
Aim for average Returns for an above average period of time
Earning average returns for a long period of time can build dynastic wealth effortlessly, as it outperforms seeking superior returns for a shorter period. Consistently achieving average returns over a long period is more lucrative than trying to earn superior returns over a shorter period. This concept applies to various aspects of life and business, where strategic mediocrity can lead to long-term success by focusing on consistency rather than short-term superiority.
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