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$HIMS long term shareholders suddenly realized Institutional Ownership is approaching 96%(Fintel). Retail ownership is very LOW here, after $NVO Feb drama. Meaning Short sellers been lying for months and years about institutions. This is why I track 13Fs regularly on all these years and share it for Free.99. It...

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We're all plagued by the same disease. Short-term thinking is a virus of the mind that holds us back from achieving our true potential. If we can't do it today – or at least in the very near future – we tend to doubt our ability to do it at all. According to Jeff Bezos, we've got it all wrong. In 2017, while being interviewed by his brother, Jeff was asked about his perspective on short vs. long-term thinking. Here's what he said: "Long-term thinking is a lever. It lets you do things that you could not do or couldn't even conceive of doing if you were thinking short-term." To illustrate, he goes on to give an example: "If I collaborated with somebody here in this audience and I said, 'Look I want you to solve world hunger and I want you to do it in five years' you would properly reject the opportunity. You would say 'Look it's not possible it's not practical.' But if I said look, I want you to solve world hunger in a hundred years, that's a job you'd take. Because it's a much more addressable problem." Two Takeaways: 1. Give yourself the right time horizon We place higher expectations on ourselves than anyone else. We expect to do more, with fewer resources, in less time. Ambitious? Sure. Realistic? Not always. Make sure your timeline is reasonable for the goal you're trying to achieve. 2. Breathing Room Bezos says: "If everything has to work in two to three years, then that limits what you can do. If you give yourself the breathing room to say, okay... I'm okay if this takes 7 years, all of a sudden you have way more opportunities." When we box ourselves into an unreasonable timeframe we make rash decisions, cut corners, and –as a byproduct of being rushed – don't do our best work. Give yourself permission to breathe. A little pressure is good, but apply too much, and anything (or anyone) will eventually break. Never let the thirst for short-term gratification distract you from achieving your long-term goal. If you enjoyed this, follow me Blake Burge for more.

Blake Burge

199,777 Aufrufe • vor 3 Jahren