“Volatility is the price of admission. The prize inside are superior long-term returns. You have to pay the price to get the returns.” - Morgan Housel, Author of “The Psychology of Money"
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Principle #2: Think long-term
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“Volatility is the price of admission. The prize inside are superior long-term returns. You have to pay the price to get the returns.” - Morgan Housel, Author of “The Psychology of Money"