Subramanyan
11-15

Warren Buffet's advice is really spot on. And while it appears deceptively simple (and is indeed simple too), it is perhaps one of the more difficult ones to put into practice, especially when behavioral biases start playing their games. Therefore, prioritising "time in the market" over "timing the market," allows one to ride out short-term market volatility and benefit from the compounding effect of returns over time. This disciplined and patient strategy minimizes emotional decision-making that hampers returns.

Reinvesting earnings to generate their own returns & exponential growth is a plus too. Going long term actually reduces the stress of investing - the amount of pressure investment decisions can give is incredible and if we can reduce it, is all the better: no wonder the "dead men's portfolio" tale is quite popular.

I seriously believe in this approach though I am able to stick to such counters with only about 50% of portfolio: 3 Singapore banks, SingTel.

# Buffett Farewell Letter: Is the Last Lesson Resonating With You?

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