Why patience pays off

Intelligent Investor

Independent Financial Research

What does baseball, art history and investing have in common? Only the patient win. Art history students at Harvard University almost always have a boring first day. Their task, says Prof Jennifer Roberts, is to go to the local museum, choose a favourite piece of art, then sit down and look at it – for three full hours. If the thought of that doesn’t scare you just a little, count yourself lucky. We’ve become so used to getting our whims fulfilled immediately by the internet that attention spans have fallen by a third since 2000. Prof Roberts knows the task is boring and that three hours is a 'painfully long time’. But her purpose isn’t to encourage concentration. Instead, she wants her students to feel the restlessness build, accept it, and push onwards – whereupon they see things in the art that their passing glances missed. Her point is that in the art world, as in investing, patience is rewarded. Read full article here: (VIEW LINK)


Intelligent Investor
Independent Financial Research

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