Long-term investment thinking comes with prerequisites!

Time teaches us that life's greatest miracle is long-term thinking. As Warren Buffett once said, life is like rolling a snowball, and the key is to find wet snow and a long hill. This provides a vivid interpretation of the concept of long-term thinking.

When it comes to managing family wealth, long-term thinking typically emphasizes a focus on long-term benefits, especially when it involves capital market investments. It's a journey destined to ride the waves of volatility. Only when you extend the horizon long enough might you witness a dramatically different landscape of returns.

So, talking about so-called long-term thinking means being prepared. It may mean not seeing returns today, tomorrow, or the day after, but perhaps only well into the future.

To achieve this, it not only requires patience but also a well-padded wallet.

Conversely, we shouldn't inadvertently turn short-term money into long-term money. Doing so can lead to a change in mindset and heightened anxiety, affecting our actions.