The Blind Spot of 'Long-Term' Thinkers

There’s a fundamental flaw with long-term thinkers: they ignore that, just like everything else in life, the market compresses into a handful of critical highlights — pivotal moments. If certain permutations don’t occur, an entirely different reality unfolds. This isn’t theoretical; it happens in the market every single day.

Excuse me, sir — you’re conve…