Post by
LastZaz on Apr 13, 2021 11:14am
Broaden your investment horizon
Do not think about where the stock price is in a week or even months... think about where the stock price will be in years. This is where true wealth is made. Warren Buffett acquired shares of Coca Cola for years at cheap prices and now 1 year of annual dividends from this investment pay off nearly the whole initial investment.
Ask yourself, is PYR going to be more valuable in 2, 3, 5, 10 years? I think so. Especially given the nature of their business operations. It is human nature to be more focused on the short term. It is difficult to delay gratification.
Practice this discipline and you will be rewarded.