Commentary:
“Slow and steady wins the race.” Maybe not so true for a short-distance sprint, but true for many long distance races — and certainly true for long term investing. In an age where life moves at the speed of light (or, at lease at the speed of bits and bytes over a high speed Internet connection) it is often easy to dismiss such idioms; however, a successful strategy cannot, and should not, be dismissed or ignored.
Many years ago my wife worked for Pratt & Whitney, a division of United Technologies Corporation (UTX). Then, as now, the company prided itself on supporting continuing education for its employees, and the (more)
