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Meb Faber, industry influencer, shared an investing quote describing patience as the cheapest form of capital.
The statement was originally attributed to Bill Ackman, highlighting the importance of patience in successful investment strategies.
Faber has previously highlighted the financial world’s profit-driven approach, citing a quote from Napoleon Bonaparte about gain outweighing patriotism. He has also drawn attention to losses among holders of long-term U.S. bonds since the 2020 peak. Recent posts continue his focus on investment discipline and risk.