The spectacle of modern investment markets has sometimes…
“The spectacle of modern investment markets has sometimes moved me towards the conclusion that to make the purchase of an investment permanent and indissoluble, like marriage, except by reason of death or other grave cause, might be a useful remedy for our contemporary evils. For this would force the investor to direct his mind to the long-term prospects and to those only.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Treating investments like a marriage—binding and long‑term—encourages investors to focus on lasting value rather than short‑term gain.
In simple terms: Long‑term commitment to investments promotes patience.
Key Takeaway
Consider long‑term horizons before buying.
Themes
investment
patience
long‑term thinking
economic theory
Mood
analytical
cautious
Type
philosophical
advice
When to use this quote
- retirement planning
- real estate
- stock portfolio
- philanthropic endowments
Key Concepts
time preference
behavioral finance
risk management
Questions to Reflect On
- What would you sacrifice for permanence?
- Can long‑term commitment coexist with adaptability?
A Different Perspective
Such binding may reduce flexibility in changing markets.