There are snotty people who claim to be long-term thinkers and want me to treat their plans seriously. The problem with long-term thinkers is that there is an ambiguity between them and people who are living in a fantasy. For you cannot plan beyond your ability to survive, and no one really knows how long their current investment strategy will keep them alive. If you are planning beyond your ability to survive, then you are not a long-term thinker. You are a person in a fantasy world.
Also read: Your Stupidity, Your Responsibility
The first step to convincing me that you are a long-term thinker is to convince me that you can survive long enough for your plan to be realized. Furthermore, you must learn to survive for five minutes before you can learn to survive for ten years, so I will first look at your short-term thinking before I would even bother to listen to your long-term plans. Long-term thinking is built on top of short-term thinking, so short-term thinking is more fundamental.
That’s not to say short-term thinking is inherently better than long-term, but if you cannot handle short-term plans, you might as well not bother with long-term plans. If I could only take one person with me on an adventure, I would choose a person who knows how to survive for the next five minutes over one who has long-term plans but does not know how to survive. I would need to have room for two companions if I wanted to bring the long-term thinker.
In order to convince me that you Read More Here