And he’s yelling numbers:
$5 million
$5.1 million
$4 million
He’s making a bid to buy your house.
And worse, he’s manic depressive, one day X another day Y
Nothing changes about your house day to day.
Same bedrooms, same paint job, same problems, same neighborhood.
The yelling makes it pretty hard to be content with where you are.
It also hurts when he throws out a low number. Maybe you notice more flaws around the house that day.
This is what it is like owning stocks.
Companies do change, but usually not in the course of a day or week.
But every day, we are confronted with noise.
Avoiding the noise is the key to the long term.
Enduring the shouting is the price investors pay for long term gains.
– Spencer
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