I'm thinking about time today.
As I have shifted from a trader to a longer term value investor, I realize time has shifted to being on my side. I don't make money every day. In fact, I lose money on many days.
However, I have two things going for me. Time is the main thing. Over time, the value names tend to assert themselves and finally provide the big gains that might have come from hundreds of small trades.
The other thing is I don't have to be in front of the computer all day stressed out, giving me time to think about other things and do other things.
So essentially, I am getting a lot of extra time, less stress, better results.
That's a winning strategy.
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