🔍#帕鲁小课堂 【 Phase 3 】
Patience → The highest realm of investment!
The only free lunch in the financial market is: Time
The myth of Buffett's annualized 20% compound interest essentially crushes market fluctuations with half a century of duration
The S&P 500 index has an annualized return of 8% over nearly a century; in a three-year cycle, it may yield nothing, but over a twenty-year horizon, it always manages to navigate through bull and bear markets. High-frequency traders pay an annual trading cost of 2%, which is equivalent to automatically giving up a potential 25% return over ten years
The value curve of top investment products is exponential: The first 80% of the time only accumulates 20% of the gain, while the final 20% of the time achieves an 80% leap in value
This requires investors to have both the insight to penetrate the fog and the determination to combat the anxiety of human nature. When you view current fluctuations from a ten-year perspective, 99% of the noise will automatically mute
Truly quality assets never need to be "held"
Because they are inherently friends of time. Stop calculating daily ups and downs, and let investment return to its essence ─ holding valuable tokens, participating in the underlying logic of human economic growth. Patience is not about endurance, but about realizing cognition that transcends the dimension of time