A Quote by Kenneth Fisher
If you're 35, 45, or even 55 - you have a very long time horizon - 40 years or vastly more. That is you, and/or your spouse, are likely to live about that long, and you'll be investing the whole way.
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I was told that I had very likely been clinically depressed for a long, long time, probably since I was 15, or even 14. It explained, to me at least, a lot of my behaviour over the years.
So here you are, in your twenties, thinking that you'll have another 40 years to go. Four decades in which to live long and prosper.Bad news. Read the papers. There are people dropping dead when they're 50, 40, 30 years old. Or quite possibly just after finishing their convocation. They would be very disappointed that they didn't meet their life expectancy.I'm here to tell you this. Forget about your life expectancy.
I think markets are often not thinking on a long-time horizon, I think that our government structurally is doing even less so. When we have a government where we have people who are up for election at most once every six years for a U.S. senator, that's a time horizon that is much shorter than in a market that a company is looking at 10, 15, 20 years which is a time horizon over which a stock price is typically valued.
You can't invest in natural gas on a daily basis. It's too volatile. But if you think of natural gas as a long-term holding, then you push your profit horizon out. A long-term time horizon would be at least two years.
I've been a long time coming, and I'll be a long time gone. You've got your whole life to do something, and that's not very long.
Things change when you get to 40. I'm embarrassed even that I'm going through it. In a very morbid way, at 40 you become aware of how long you've been on Earth and you start to question what you're going to use the remaining time doing.
Edward Banfield's idea of the "long time horizon," says that more successful people look further into the future, judging their efforts and results in terms of decades, not weeks or even months. This is the power of thinking long.
You put me in there with anybody at '35 or '45, I get on your back, I take you down, it's going to be a long night and it's a dangerous situation to be in.
We talk about long-term patient investing, and that idea that slow and steady does win the race, that time can be your best friend when it comes to investing. That's why we have a turtle as a logo at Ariel.
For a long, long time, nearly 40 years, I never had any bees. I can't think why.
Let me put it in a rather larger picture framework. Let's go to the longest time frame, the time frame of the life of our sun. As a star, our sun is about halfway through its life cycle. In the long run, we only have a couple of billion more years likely that we can inhabit this planet. By that time, we're going to have to be out of here before our sun dies. Now, I don't think we need to wait that long, and we certainly shouldn't wait that long. At the moment, we are not on a sustainable path.
I carry my thoughts about me for a long time, often a very long time, before I write them down; meanwhile my memory is so faithful that I am sure never to forget, not even in years, a theme that has once occurred to me.
You really don't have to worry about your spouse, as long as you trust him or her. If you trust your spouse or whoever you're in a relationship with, everybody else doesn't matter.
Our standard prescription for the know-nothing investor with a long-term time horizon is a no-load index fund. I think that works better than relying on your stock broker. The people who are telling you to do something else are all being paid by commissions or fees. The result is that while index fund investing is becoming more and more popular, by and large it's not the individual investors that are doing it. It's the institutions.
To successfully lose weight after 40, you need to understand that imbalanced hormones and chemicals have a huge impact on your health. It is possible, however, to live a clean, healthy, and long life - with a slim body, even after 40!
My pug dog, Princess , is something else; she's my baby. I've had her for about 14 and a half years. They usually don't live any longer than 15, but I don't believe that. As long as you treat them right, they will live a long time.
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