Read? One Lesson That Bamboo Can Teach Investors
Read? The Amazing Chinese Bamboo Plant
The Chinese Bamboo plant starts from a tiny seed. You plant the seed in the dirt, and you water the seed. Very little seems to happen the first year. Despite your efforts, only a tiny shoot pokes out of the ground.
So…..the second year you water and fertilize and protect the seed…..Nothing happens.
So…..the third year you water and fertilize and protect the seed…..Nothing happens.
So…..the fourth year you water and fertilize and protect the seed…..Nothing happens.
So…..the fifth year you water and fertilize and protect the seed.…. Finally, during the fifth year, the Chinese Bamboo plant begins to grow. In fact, it grows 90 feet tall in just 6 weeks!
The question is, did it grow 90 feet in six
weeks or in five years?
The answer, of course, is that it grew 90 feet in five years. It took five years to grow the root system that would one day support a 90-foot plant.
The answer, of course, is that it grew 90 feet in five years. It took five years to grow the root system that would one day support a 90-foot plant.
Uncle8888's investing lesson from the Bamboo:
He has been waiting patiently for 5 years to grow the root system that would one
day support a 90-foot plant.
Guess what is his root system?
Less analyzing. More investing - Createwealth8888
Still nothing happens.
Waiting since 2012!
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How you understand the Moral of Story?
ReplyDeletecheem
ReplyDeleteu waiting for market to crash?