A Quote by Diane Lane
I'm not really attracted to that long-term commitment to one character over many years.
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For basically three years, I was doing 'Catfish' and 'We Are Your Friends' at the same time - it was like straddling two very long-term creative marriages. And when you're in a long-term creative commitment, you tend to daydream and fantasize about smaller creative flings that you want to have.
The most challenging thing for a young entrepreneur is to think long-term. When you are 22 years old, it’s hard to think in 22-year increments since that’s as long as you’ve been alive. But it’s really important to view your life as an entrepreneur as a long journey that consists of many short-term cycles.
Everybody would love to be mayor of Chicago. If you look at what we have done over many, many years and where we are today and the commitment by the business community, the commitment by the not-for-profit community - all this coming together - this is a wonderful city.
Over the long term, despite significant drops from time to time, stocks (especially an intelligently selected stock portfolio) will be one of your best investment options. The trick is to GET to the long term. Think in terms of 5 years, 10 years and longer. Do your planning and asset allocation ahead of time. Choose a portion of your assets to invest in the stock market - and stick with it! Yes, the bad times will come, but over the truly long term, the good times will win out - and I hope the lessons from 2008 will help get you there to enjoy them.
People repeat behaviour that leads to flooding their brains with pleasurable chemicals. The short-term reward loop acts over hours to years, and the long-term reproductive success loop over generations.
You need a commitment which is long term and a commitment to leadership, because that's the only way you build excellence.
Our commitment to defence goes beyond this. It's a long-term commitment to make SA the home for Australian defence. It's a commitment to providing the right infrastructure and the right people.
It's very difficult to evaluate a leader in a very short-term perspective because to be a leader you must be able to have a long-term perspective. You must be able to carry changes which take many years. And this is why you can really only see whether it has been a good leadership after some years have passed.
Value investing doesn't always work. The market doesn't always agree with you. Over time, value is roughly the way the market prices stocks, but over the short term, which sometimes can be as long as two or three years, there are periods when it doesn't work. And that is a very good thing. The fact that our value approach doesn't work over periods of time is precisely the reason why it continues to work over the long term.
In the stock market (as in much of life), the beginning of wisdom is admitting your ignorance. One of the many things you cannot know about stocks is exactly when they will up or go down. Over the long term, stocks generally rise at a nice pace. History shows they double in value every seven years or so. But in the short term, stocks are just plain wild. Over periods of days, weeks and months, no one has any idea what they will do. Still, nearly all investors think they are smart enough to divine such short-term movements. This hubris frequently gets them into trouble.
We don't really look at the stock, you know? Because for us, it's about the long term. And so we're very much focused on long-term shareholder value but not the short-term kind of stuff.
Over 10 years, MindTree has been ahead of most IT companies on operating and financial metrics. We have stayed true to our long-term vision and have not been buffeted by short-term.
A career is measured over the course of the years, not moments. Over good decisions, over successes, not moments, failures, missteps, or bad comments. I learned that I needed to take a step back and look at my career not in that one moment that made me feel really bad, but what I had done not even in the past one or two years or last one or two hires, but that that career is built over many, many, many, many successive quarters and years and good decisions - never, ever made in that one moment where you felt really bad.
The characters are born from repetition, from repeatedly thinking about them. I have their outline in my head. I become the character and as the character I visit the locations of the story many, many times. Only after that I start drawing the character, but again I do it many, many times, over and over. And I only finish just before the deadline.
The thing that I learned early on is you really need to set goals in your life, both short-term and long-term, just like you do in business. Having that long-term goal will enable you to have a plan on how to achieve it.
There is such pleasure in long-term marriage that I really would hate to be
my age and not have had a long-term marriage. Remember, sustaining a pleasurable,
long-term marriage takes effort, deliberateness and an intention to learn about
one another. In other words, marriage is for grown-ups.
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