Quarter 4: December 2020
I think we can all agree that 2020 was an all-around atypical year and it is entirely possible that the strangeness will carry through well into 2021.
In the context of investing, short term distractions can have profound impacts on returns. Focusing on the ‘essential’, however, coupled with a tone of patience and healthy self-awareness can really enable long term compounding of wealth. Whereas boredom and excessive activity due to distraction can untangle long term compounding. It is fair to say those that displayed ill-discipline in 2020 suffered on a net return’s basis.
To read the full article subscribe today.