Author: Eric Fry, Investment U

The past is full of many examples.

Most of the world’s most successful investors describe their strategies as long-term processes. And yet most of us want our investment successes to occur right now. If an investor is overly fixated on near-term gains and losses, that investor will lack the patience and staying power to allow an excellent investment to work its magic over the long term.

While there’s ample opportunity to achieve large capital gains from current prices, one thing is certain: Crisis creates opportunity…