Laggard Advantage

As the laggard, you may feel inferior about your situation, but you must remain exceptionally confident in your determination to change. Everyone is better than you, and the gaps between you and others are obvious. You'll close them by copying and improving.

Buying is easy, holding is hard.

Holding a position for a year doesn’t mean you make no decisions—it means you repeat the same decision 365 times throughout that year. Every single day, you decide whether to keep holding or close the position. Only by choosing to hold for all 365 consecutive days does it appear as though you did nothing at all.

There are essentially two types of people within conservative forces

One type is someone who doesn't care whether everyone is doing well; he only cares about himself.

The other type may not be so selfish—he actually wants everyone to do well, but he doesn't trust your new approach. He hasn't seen it, so he can't believe in it; he'd rather stick to the old way.

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