A long-term investor is the only kind of investor there is

Don’t just do something, stand there. It’s time for everyone to acknowledge that the term “long-term investor” is redundant. A long-term investor is the only kind of investor there is. Someone who can’t hold on to stocks for more than a few months at a time is doomed to end up not as a victor but as a victim.

The Intelligent Investor, Rev. Ed (p. 150). HarperCollins e-books. Kindle Edition.

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