Great article. Rufus isn't always wrong, especially in the short term. The problem is that he is thinking short term, and that long term, these events don't matter and are forgotten. Just like Greece or Brexit now. The Long term investor does not even want to bother with the short term, he accepts 6 months or a year of troubles because in the long term it will not matter.
Great article. Rufus isn't always wrong, especially in the short term. The problem is that he is thinking short term, and that long term, these events don't matter and are forgotten. Just like Greece or Brexit now. The Long term investor does not even want to bother with the short term, he accepts 6 months or a year of troubles because in the long term it will not matter.