Initially the gains are tiny.
It barely moves the needle.
These are the days of patience.
Then the returns grow a bit, an initiator of snowball. Over a period of year, the investment doubles.
With passage of time, the returns keep getting bigger. Like the rolling snowball getting bigger & bigger. Over a period of a month, the investment doubles.
Then comes time when the returns of a single day equals to initial investment.
That’s the beauty of equity investing.
The ones who stay in the game for long, end up raking big money.
We’re talking about 10-20-30 years…