Author
王川
The same voice, gathered in one place.
The Definition of Patience
耐心，就是正视现实，承认很多事情需要时间慢慢发展，不轻易消耗自身资源强推。
Patience means facing reality, accepting that many things take time, and not burning your resources to force them.
Growth · Character · Decision · Action · Modern investor letters
Exponential Returns Come Later
指数增长的好投资，最大的回报往往是在后面几年。
In a good exponential investment, most of the return arrives in the later years.
Investing · Wealth · Growth · Character · Modern investor letters