“I’ve spent my life trying to convince people… invest for the long term. If i knew how to double my money I would invest for the short term!” Buffett explains instant gratification and short term thinking is problematic and of less value to society and to investors than long term thinking and investments. Not only investors suffer from this short-term bias. Politics, politicians, government and society suffer too.
Warren Buffett Interview - Why It's Easier To Invest Long Term
ARK Invest is known for targeting high-growth technology companies, with one of its most recent additions being DraftKings. In an interview with Maverick's Lee Ainslie at the Robinhood Investors Conference this week, Cathie Wood of ARK Invest discussed the firm's process and updated its views on some positions, including Tesla. Q1 2021 hedge fund letters, Read More