Ian Sender

The Meek [patient] Shall Inherit the Earth: "The Market is a Way to Transfer Money from the Impatient to the Patient" Ian Sender

+Meek means patient, humble, unassuming, modest. +Are you an patient investor? + We have had a 3-year bull market: 18.45% a year. +Are you letting compound interest make you rich?       "My wealth has come from a combination of living in America, some lucky genes, and compound interest."         Warren Buffett credits compound interest for his success not market timing. He turned $6,000 from his paper route into $60 billion in his 60 years of investing. He buys and holds the stock of companies that we use everyday: Coke, GEICO, Fruit of the Loom, Benjamin Moore, Heinz, Burlington Northern.      We continue to make more money when snoring than when active. Berkshirehathaway.com        He doesn't "trade" stocks. His favorite holding period is "forever." This allows the miracle of compounding to work. His lesson for us: Wealth comes from compounding, NOT from trading by your broker or "professional" money manager. This chart illustrates the Miracle of Compounding      Buffett says the IMPATIENT give their money to the patient when they "play" the market. Since he is the most successful investor of our age we need to listen to him.      You can create and manage your own portfolio in 1 hour a year.