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George Baker once said something profound that Thomas Phelps quoted in his book “100 to 1 in the Stock Market” – To make money in stocks you must have “the vision to see them, the courage to buy them, and the patience to hold them.” Of these, patience is the rarest and the hardest to master. But if you can cultivate this skill and practice it diligently, it pays off handsomely in the long run. I discuss this very idea in today's episode of #TheInnerGame #podcast.
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USEFUL RESOURCES:
1. Twitter: https://x.com/safalniveshak
2. Podcasts -
a. The Inner Game - https://www.safalniveshak.com/the-inner-game/
b. The One Percent Show - https://www.safalniveshak.com/the-one-percent-show/
3. Vishal's book - The Sketchbook of Wisdom (English) - https://book.safalniveshak.com/
4. Free newsletter on money, investing, decision-making, and life - https://www.safalniveshak.com/newsletter/
5. Online course on Value Investing - Mastermind - https://www.safalniveshak.com/mastermind/
6. What if You Only Invested at Market Peaks? https://awealthofcommonsense.com/2014/02/worlds-worst-market-timer/
7. Buy and Hold: Simple, NOT Easy - https://www.safalniveshak.com/buy-and-hold-simple-not-easy/
George Baker once said something profound that Thomas Phelps quoted in his book “100 to 1 in the Stock Market” – To make money in stocks you must have “the vision to see them, the courage to buy them, and the patience to hold them.” Of these, patience is the rarest and the hardest to master. But if you can cultivate this skill and practice it diligently, it pays off handsomely in the long run. I discuss this very idea in today's episode of #TheInnerGame #podcast.
* * *
USEFUL RESOURCES:
1. Twitter: https://x.com/safalniveshak
2. Podcasts -
a. The Inner Game - https://www.safalniveshak.com/the-inner-game/
b. The One Percent Show - https://www.safalniveshak.com/the-one-percent-show/
3. Vishal's book - The Sketchbook of Wisdom (English) - https://book.safalniveshak.com/
4. Free newsletter on money, investing, decision-making, and life - https://www.safalniveshak.com/newsletter/
5. Online course on Value Investing - Mastermind - https://www.safalniveshak.com/mastermind/
6. What if You Only Invested at Market Peaks? https://awealthofcommonsense.com/2014/02/worlds-worst-market-timer/
7. Buy and Hold: Simple, NOT Easy - https://www.safalniveshak.com/buy-and-hold-simple-not-easy/