Rick Rule on investing, patience, and time arbitrage

The old guys..., those few who have been really, really, really successful, always seem to invest for the 5 to 6 year time frame.  My suspicion is that time arbitrage, that is aligning your preferences with the reality of the investments that you are making, is one of the most important determinants of success.  Some people believe that because they want something to happen in the near term, that their wants are germane.  And they're not.

~ Rick Rule, "The Time for Value Stocks is Here," Stansberry Investor Hour, 30:15 mark, April 16, 2020