The origin of post
I’ve concluded that no long-term Taiwan investors.
Recently, due to the publication of my new book, “Investors Beautiful Heaven“, I had to attend media interviews. Through various interviews, my three published stock market books, six years of blogging, exchanges with readers, conversations with friends and family, and my own observations.
It’s Not Mainstream in Taiwan
Whether it’s individual investors, media, financial experts or scholars, opinion leaders, institutional investors, online celebrities, social media, stock market books, or financial magazines, almost no one focuses on long-term investing or advocates for it.
Listed Companies do so too
Even more regrettably, most listed companies on the Taiwanese stock market share this view. Because the type of investors determines the type of listed company, people have forgotten the importance of “sustainability” in business operations and investment.
Stocks Are Only Good for the Long Term
I personally believe this is a very serious matter—because stocks are only good for long-term investment. Without long-term investment, discussing stock market investment is actually quite meaningless. Many people may know this principle, but few Taiwanese investors are willing to act accordingly.
Take long-term investors fools
Especially noteworthy is that most investors, particularly retail and young investors, generally consider themselves clever and equate long-term investors with fools or idiots.
Behavior is based on short-term thinking
This results in all investment topics, ideas, considerations, and actions being based on short-term operations. Let me emphasize again, it’s “everything” related to investment that reflects short-term thinking—and short-term thinking inevitably makes it impossible to make big money in the stock market.
A wrong repeated becomes right
The ultimate rule of stock market investing is clearly long-term investing: buy good stocks, hold them for long haul, do nothing, and wait for the stocks to make money for you—a principle every investor understands. Yet, it has become something almost all investors shy away from, making it a rare and ridiculed target sarcastically.
However, thinking about it from another perspective, this makes perfect sense.
No wonder that only a very rare number of people in the world succeed in stock investing, enjoying the benefits of compound interest and accumulating astonishing wealth.
Conclusion
As I said in my book “Investors Beautiful Heaven“: “Anyone can succeed in one month; fewer people will do something that takes one year to succeed; even fewer people are willing to do something that takes five years to succeed; and if it takes ten years to succeed, basically no one will be competing with you.”
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