Paris Olympics

The Olympics is in full flow and the investment industry loves sport analogies, so here we are right on cue. Running events of different distances are impacted by extreme heat: in a nutshell, the longer the distance the more the heat is not your friend. A common refrain is that “investing is a marathon, not a sprint”. However, while heat is not the friend of the long-distance runner, time is the friend of the long-distance investor. The longer your time horizon, the greater the probability of generating a positive return.

source: Goodbody