Chwalinska rewarded for '18 years of patience and perseverance'
Qualifier Maja Chwalinska reflects on how "18 years of hard work, patience and perseverance" took her to the brink of a fairytale French Open title.
"PATIENCE" · 총 66건
필터 보기현재 지수
50.3
0 = 부정 우세
50 = 중립
100 = 긍정 우세
최근 7일 기준 81,225건을 분석한 결과, 뉴스 심리지수는 50.2(균형)입니다. 긍정 3,971건(4.9%)·중립 75,341건(92.8%)·부정 1,913건(2.4%)이며, 중립 비중이 뚜렷하게 높습니다. 성향 지수는 종합 14.6(중도 균형)입니다.
Qualifier Maja Chwalinska reflects on how "18 years of hard work, patience and perseverance" took her to the brink of a fairytale French Open title.
Christina Nicholson says her son Landon launched a vending machine business at 10 and quickly learned lessons about profit and patience.
The Negeri Sembilan PH chairman says some allies at the time lost patience. 'One moment they supported us, the next they withdrew their support', he said.
“The good physician treats the disease; the great physician treats the patient who has the disease” — Sir William Osler (1849-1919) IN 1986, Carlo Petrini founded the ‘slow food’ movement in Italy to counteract the so-called ‘fast food’, by promoting local food cultures, traditional cooking and sustainable farming. Inspired by this, the concept of ‘slow medicine’ took birth: a patient-centred approach to healthcare that prioritises time, listening, and comprehensive care over rapid, high-tech, intensive interventions. It emphasises quality, the patient’s context and shared decision-making to avoid hurried, unnecessary, harmful treatments. There is no doubt that modern medicine is revolutionising healthcare. In emergency situations diagnoses are generated in minutes. Imaging technologies are replacing exploratory surgery. Algorithms now identify patterns invisible to the human eye. This advancement has saved countless lives. Yet amid this relentless drive for efficiency, questions are emerging: what do we lose in this fast-paced medicine? Most health challenges are the result of an imbalance in our lives, and most quick-fix solutions actually exacerbate these imbalances. The slow medicine approach focuses on identifying the root cause of our health challenges, creating a thoughtful, step-by-step and long-term response to restore balance in our lives, because good care requires time, attention, and reflection. It reminds us that patients are not just a set of signs and symptoms to be fixed, but individuals whose illnesses are embedded in social, psychological and cultural contexts. For countries like Pakistan, slow medicine is particularly relevant. Slow medicine is built on three principles: careful deliberation before intervention; minimal necessary treatment rather than maximal possible treatment; and respect for the patient’s lived experience and values. It asks physicians to pause and think before acting. In medicine, as in life, acting quickly is not always acting wisely. The concept has gained attention in response to the global problem of overdiagnosis, overtreatment and rising costs of healthcare. As diagnostic tools become more sensitive, medicine increasingly detects abnormalities that may never cause harm. Small lesions, borderline results and incidental findings often mean further tests and interventions, leading to unnecessary physical, psychological and financial stress. Slow medicine offers a different approach. It suggests that not every abnormal result or every symptom requires a battery of tests and immediate action. Observation, patience, context and careful history-taking can be more valuable in many situations. Although the principles of slow medicine can be applied to any clinical interaction, there are at least four areas where they are most relevant. Chronic diseases such as diabetes, hypertension and cardiovascular disease evolve over years, shaped by lifestyle, environment and stress. Managing them effectively requires careful and thoughtful history-taking, a good doctor-patient relationship, continuity of care and gradual adjustment. Understanding why the condition exists in the first place is more important than simply making changes to the prescription. Secondly, mental health conditions such as depression, anxiety and trauma are closely related to relationships and social contexts. In healthcare systems like Pakistan, mental health consultations are brief, fragmented and heavily reliant on medications. Very few psychiatric consultations end without a prescription. Yet psychological healing often depends on something more essential: being listened to and understood — things that cannot be rushed. Geriatric care is another area. Older patients frequently have multiple conditions, medications and vulnerabilities. Aggressive interventions may prolong life but at the cost of dignity and comfort. Slow medicine shifts the question from ‘what more can we do?’ to ‘what is worth doing?’ In many cases, less intervention results in better quality of life. End-of-life care perhaps represents the most profound expression of slow medicine philosophy. The goal is no longer cure but care: relief of pain and suffering, preserving dignity, and respecting patients’ and family’s wishes. This requires patience, tolerance and time and cannot be rushed. For countries like Pakistan, slow medicine is particularly relevant. Many of the country’s health problems are shaped by societal conditions: poverty, unemployment, rampant inflation, political uncertainty, violence, etc leading to medicalisation of social distress. Patients and physicians both get trapped in seeing these problems through the biomedical lens, ie, quick assessment in which patients’ complaints are addressed through various lab and radiology tests, followed by medicines, while the root cause of their complaints are hardly ever asked about or addressed. Doctors are neither trained nor feel comfortable enquiring about social factors as most wonder that even if they inquire about them what can they can do about it. No wonder the burden of almost all conditions — communicable and non-communicable — is extremely high in Pakistan. Ultimately, slow medicine is not about rejecting urgency where it is necessary — emergencies demand rapid action, and modern medicine excels in such moments. It is about recognising that much of healthcare does not occur in emergencies. It unfolds over time — in chronic illness, in mental health, in ageing and in recovery. In these areas, haste can do more harm than good. At its heart, slow medicine is a reminder of what medicine has always aspired to be: not just a technical but a human one — one that demands not only scientific advancement, but also wisdom, humility, compassion and humanity. It asks clinicians to see beyond the scan, the lab report and the prescription pad, and to engage with the person behind the patient. It reminds us that the true practice of medicine is in caring for people. In 1953, Sir Robert Hutchison wrote A physician’s prayer: “From inability to let well alone; from too much zeal for the new and contempt for what is old; from putting knowledge before wisdom, science before art, and cleverness before common sense; from treating patients as cases; and from making the cure of the disease more grievous than the endurance of the same, Good Lord, deliver us.” More than 70 years later, his prophetic words remain strikingly relevant to modern medicine. The writer is professor emeritus, psychiatry, Aga Khan University. mmkarticle@gmail.com Published in Dawn, June 6th, 2026
Given that control over energy reinforces superpower status, the contest of the century has morphed into an intense rivalry between China, a rising “electrostate”, and the United States, the world’s hydrocarbon hegemon safeguarding its position. China recognises that electricity drives its economy. Despite being a major producer of coal, crude oil and natural gas, China remains an importer of these hydrocarbons. However, with strategic patience, through its five-year plans, the country has been...
The governor thanked the Air Force for deploying a Diamond-42 surveillance aircraft for real-time monitoring of the rescue operation. The post Makinde hosts NAF delegation, calls for patience on Oyo abduction appeared first on Vanguard News.
Longtime Republican pollster Frank Luntz recently declared, “There is zero doubt tonight that Donald Trump is in complete and total control of the Republican Party.” His statement came after the president’s preferred candidate, Ken Paxton, primaried Sen. John Cornyn (R-TX) in late May. Luntz was not alone in seeing a political colossus. “Trump’s grip on […]
The 226-195 vote is a sign of impatience with President Donald Trump's approach to the war
Legislation would also sanction key segments of Russian economy, overriding objections from Republican leaders The House passed legislation Thursday that would aid Ukraine and sanction key segments of the Russian economy, overriding objections from Republican leaders who warned the bill would undermine negotiations designed to achieve a comparable but stronger result. The 226-195 vote is a sign of impatience with Donald Trump’s approach to the war and represents the House’s second major foreign policy break with Trump this week. The day before, the House, for the first time, approved a war powers resolution aimed at halting US military action against Iran. Continue reading...
The 226-195 vote is a sign of impatience with President Donald Trump's approach to the war and represents the House's second major foreign policy break with Trump this week.
The stalemate in Middle East negotiations is testing Capitol Hill’s patience and triggering a revolt among lawmakers who aren’t seeking re‑election in November — and therefore no longer fear the president’s wrath
Most of us left VHS tapes behind in the ’90s, but some parents want them to make a comeback
Netanyahu’s new offensive has undermined talks, strained European patience and raised the risk of another long occupation Read Full Article at RT.com
C’est 12 % de moins qu’en 2024 souligne l’Ordre national de la profession. Ces atteintes verbales ou physiques interviennent après un refus de délivrance, une «impatience de l’agresseur» ou sont liées à la dispensation de stupéfiants.
The new worry on Wall Street is that investors are simply losing patience and demanding higher compensation to lend money to the U.S. government.
When is the risk of war the highest? And what should the United States be doing about it? One of the most important but underappreciated questions in international politics is how states think about the future balance of power. Countries that believe their position is improving often choose patience. Those who fear their position is deteriorating may feel pressure to act before their advantages disappear. In this episode, Ryan is joined by Dean Cheng, Mira Rapp-Hooper, and Amanda Hsiao to explore how Chinese leaders may be thinking about time, power, and Taiwan. This episode is sponsored by Kibu, which ensures you always know The post Is Time on China’s Side? Beijing’s Taiwan Calculus and the Balance of Power appeared first on War on the Rocks.
The Foreign Office (FO) on Thursday refuted reports that Deputy Prime Minister and Foreign Minister Ishaq Dar shared any intelligence regarding Iran’s nuclear programme during a meeting with United States Secretary of State Marco Rubio. Dar met with Rubio on May 29 during a brief visit to Washington, where the two discussed bilateral cooperation as well as regional security issues. Rubio had praised Islamabad’s role “in advancing peace in the Middle East”. Responding to queries during a weekly press briefing on Thursday, FO Spokesperson Tahir Andrabi said Islamabad “categorically and unequivocally” rejected claims made in certain media reports that Dar shared any intelligence regarding Iran with Rubio. “Such claims are entirely baseless, speculative, and appear to be aimed at undermining ongoing diplomatic efforts and the broader process of dialogue and engagement,” he said. Emphasising that the discussion between Dar and Rubio “focused on regional peace, stability, and the importance of pursuing diplomatic solutions to ongoing challenges”, Andrabi asserted that “no intelligence was shared during the course of this dialogue”. Welcoming the “continued engagement” of the US in peace efforts and its “positive role” in the ceasefire between Israel and Lebanon, he cautioned the media against “speculative and unwarranted reports”. A journalist had asked Andrabi about media reports that Dar had allegedly shared intelligence with Rubio regarding Iran, “including possible signals such as withdrawal from the NPT and the development of a nuclear weapon”. The reports, according to the journalist, had claimed that the information resulted in the US urging Israel to halt its attacks in Lebanon. The question came after former Central Intelligence Agency (CIA) analyst Larry Johnson, quoting an unnamed source, claimed that Dar had a conversation with Rubio that “revealed what Iran is prepared to do to preserve its independence”, which allegedly “alarmed” Rubio. Rubio had also responded to the claims during a congressional hearing on Wednesday. US Congressman Scott Perry asked him if Dar had delivered a message that Iran is “prepared to demonstrate a nuclear weapon should the current escalation continue”. “I have not seen that reporting and I am not aware of any such message,” Rubio responded. Perry again referred to the reports, to which Rubio said that no such message had been delivered. “I would be surprised if that message had been relayed. I would be aware of it if it was,” he said. The US-Iran conflict is currently stalemated in a shaky ceasefire struck in April, which was followed by historic direct talks between the warring parties hosted by Pakistan. Though daily strikes throughout Iran and the Gulf have stopped since then, bursts of armed conflict have continued. The US and Iran exchanged attacks on each other’s military targets on Monday. After the US military carried out strikes near the Strait of Hormuz, Iran responded with a missile attack on Wednesday, damaging Kuwait’s airport and resulting in casualties. Since the conflict began, Iran has repeatedly attacked targets in the Gulf region home to US military bases. Meanwhile, Israel’s expanding front in Lebanon has proved to be the main spoiler in the peace process, with rising tensions even prompting US President Donald Trump to tell Israel’s PM Benjamin Netanyahu to halt the attacks. Nevertheless, diplomacy has continued with Trump under pressure to reach an agreement that would lift the US and Iranian competing blockades around the Strait of Hormuz, which have choked international oil supplies and threatened the global economy with rising prices. ‘Actively engaged’ to secure release of seamen held by Somali pirates On the continued captivity of 10 Pakistanis aboard an oil tanker seized by Somali pirates, the FO said Islamabad remained “actively engaged” in efforts to secure their release. The MT Honour 25, a Palau-flagged product tanker, was seized on April 21, approximately 30 nautical miles off Somalia’s Puntland region with 17 crew members aboard, 10 of them Pakistani. “Unfortunately, the situation remains grave,” Andrabi acknowledged when asked about the latest update on the situation, days after a video emerged showing the captives with discoloured water available for drinking. “Pakistan remains in contact with the ship owner, who is the principal negotiator with the pirates. These negotiations have been taking place with the knowledge of the Somali government,” the FO spokesperson stated. He explained that the “geographical circumstances, coupled with the fact that the ship is carrying highly explosive cargo, make any law-enforcement operation to secure the release of the captive extremely difficult”, as Pakistan did not want to endanger the safety of the captives. Families of the Pakistani hostage crew members of an oil tanker that was hijacked by pirates off the coast of Somalia, hold placards during a protest, calling on the government to take immediate action for the safe return of their loved ones, in Karachi on May 13, 2026. — Reuters/File The FO urged both the Somali government and the ship owner to ensure that the hostages were provided with food, drinking water, and other basic necessities. Relevant stakeholders, including the interior and maritime affairs ministries, were involved in the matter. “This is a very difficult situation. Our hearts go out to the families of those being held captive,” the spokesperson said, requesting patience from the families. “A team from our Embassy in Djibouti also visited Mogadishu to obtain first-hand information. Therefore, all channels of communication with both the ship owner and the Somali government remain open and active,” he revealed. Andrabi assured the media of the government’s “full attention and concern regarding this emergency situation”. ‘No responsible state can remain passive’: FO on Afghanistan Pakistan’s tensions with Afghanistan also came up during the press briefing. Andrabi was asked about the European Union’s (EU) top diplomat Kaja Kallas noting the “grave humanitarian consequences” of the recent fighting between the two neighbours and urging them to exercise restraint. The FO spokesperson replied: “No responsible state can remain passive when its civilians and security forces are repeatedly targeted. Therefore, we reserve the right to take all necessary measures to safeguard the lives and property of our nationals, based on the principles of necessity and as a measure of last resort.” He stressed that Pakistan adhered to the principles of distinction and proportionality and that any “defensive action” was directed against “legitimate targets under international law, including sanctuaries and bases used for planning terrorism and launching terrorist attacks against Pakistan”. The FO spokesperson further stated, “We will continue to take such actions when necessary, and this remains part of our dialogue with our international interlocutors.” Responding to another question before this, Andrabi had asserted that the EU understood Islamabad’s position, including “our right to defend ourselves and take action against terrorist incidents, particularly those emanating from Afghanistan”. Andrabi then referred to the joint statement issued on Kallas’s visit, which said both sides “reaffirmed the importance of combatting terrorism in all its forms and manifestations”. Both sides had also “expressed serious concerns over the presence of terrorist entities in Afghanistan and reiterated that Afghan territory must not be used to threaten or attack other countries”. Replying to another question, the FO official affirmed that there was “no bar on Pakistan pursuing dialogue and diplomacy with Afghanistan”. “Indeed, this is what we were doing until very recently, when terrorist attacks emanating from Afghanistan, with possible collusion from elements within the authorities there, surpassed a certain threshold of Pakistan’s patience. As a result, there were instances of border closures, and we also took certain actions in our border regions,” he recalled. Expressing Pakistan’s desire to pursue the path of diplomacy but also voicing its strong objection to the killing of Pakistani civilians and members of law enforcement agencies, Andrabi said: “We have adopted a position whereby we seek an unequivocal commitment from the Afghan side that its territory will not be used for terrorism against Pakistan.” The FO spokesperson said China’s Special Representative on Afghanistan Ambassador Yue Xiaoyong “held productive discussions on regional security” during his visit to Islamabad. “Pakistan and China agreed to strengthen coordination and synchronise their counterterrorism efforts in order to protect regional peace and security,” he said, adding that Islamabad appreciated Beijing’s constructive role on security issues in general. On the recent military cooperation agreement signed between Russia and Afghanistan, Andrabi responded, “The details are still being ascertained. At this stage, it would be premature to offer any comment on the matter.” India’s plans to divert Chenab water Meanwhile, the FO also denounced India’s plans to build a river-linking project to divert water from Chenab to the Beas river as a “grave violation” of the Indus Waters Treaty (IWT) and other international laws. Chenab forms at the confluence of the Chandra and Bhaga rivers in Lahaul and Spiti, Himachal Pradesh. The IWT, brokered by the World Bank in 1960, allocates the three western rivers — Indus, Jhelum and Chenab — to Pakistan, and the three eastern rivers — Ravi, Beas and Sutlej — to India. According to Indian news outlet CNBC TV18, India will begin work on the proposed “Link-3 Project”, located on Chenab in Himachal Pradesh, on August 1. The project aims to divert surplus water from the Chenab river to the Beas basin and is estimated to cost 26.2 billion Indian rupees, as per ANI. Responding to a query, Andrabi said, “Yes, we have seen this report as well as the public tendered document issued by the government of India that India has invited bids for the Chenab-Beas Link Tunnel project with the intention of transferring 1.9m acre feet of water annually from Chenab into the Beas system. “Such an inter-basin diversion of water of the Chenab into the Beas system constitutes a grave violation of not just the IWT but also of the laws of treaty, particularly the Vienna Convention on the Law of Treaties, as well as the broader framework of international water law, including the principles reflected in the 1977 UN convention on watercourses,” he added. The FO spokesperson also highlighted India’s planned “silt flushing” of the Salal Dam in occupied Kashmir’s Reasi district. “This is a deeply concerning development. It would provide water control capability that is not permissible under either the Indus Waters Treaty or the 1978 Salal agreement,” he pointed out. Andrabi noted that India had neither officially communicated nor shared any notice of these projects nor has it sought consultations in this regard. “These projects confirm that India seeks to weaponise water. This carries dangerous implications not only for Pakistan’s economy but also for regional stability and international peace and security,” he stressed. Emphasising that Pakistan had “exercised restraint and responsibility” and remained committed to dialogue, Andrabi warned, “However, any illegal action, any illegal measure to endanger Pakistan’s water, food and economic security, as well as the survival and well-being of its 250 million people, is unacceptable.” He stated that such actions amount to “further destabilisation of South Asia, with potential grave consequences” for the entire region. “Under IWT, Pakistan is entitled to receive the unrestricted use of the water of the western rivers, and this is in lieu of the rights of the eastern rivers that were given to India,” Andrabi noted. The FO spokesperson asserted that Pakistan “retains all options necessary for safeguarding rights and entitlements under the treaty and to protect its vital national interests”. “Let me emphasise, we retain all options in this regard,” he reiterated. The FO urged the international community to call upon India to “desist from any form of water coercion, abandon projects that seek to stop, reduce or divert water flow legally belonging to Pakistan, and restore full and faithful implementation of the IWT”.
For most investors, the focus is often on finding the right stock, entering at the right valuation, and identifying the next multibagger. Far fewer spend time understanding what may be the more difficult aspect of investing—knowing when to sell.Speaking at the ET Alpha Wealth Summit on Thursday on "The Art of the Exit," Rajiv Thakkar, CIO and Director at PPFAS Asset Management said that successful investing is not just about buying well but also about staying invested long enough for compounding to work. In fact, before discussing reasons to sell, he spent considerable time explaining why investors should avoid selling in the first place.According to Thakkar, one of the biggest mistakes investors make is selling because a stock has not moved for a few months.Also Read | ET Alpha Wealth Summit: Future alpha may emerge from neglected markets and asset classes, says Kalpen Parekh Investors often spend significant effort researching a company, understanding management quality, assessing industry prospects and evaluating valuations. Yet after purchasing the stock, many lose patience if prices remain stagnant for six months or a year.https://youtube.com/shorts/RiLj-X02NNE?feature=share"Investments are meant for wealth creation, not entertainment," he said, cautioning against treating investing like a source of excitement or constant action.Another common trigger for unnecessary selling is reacting to news flow. Markets are constantly bombarded with information—wars, elections, crude oil fluctuations, interest-rate decisions, capital flows and economic data. Investors who react to every headline often end up making poor decisions.To illustrate this, Thakkar recounted the story of an investor who received advance information about the severity of the Covid outbreak in early 2020. Acting on that information, the investor sold his technology stocks before the market crash. While the prediction turned out to be accurate, fear prevented him from re-entering the market, and he ultimately missed one of the strongest rallies in technology stocks.The lesson, according to Thakkar, is that even correct information does not necessarily translate into successful investment outcomes. Thakkar was particularly critical of the concept of "profit booking."Investors often feel compelled to sell simply because a stock has appreciated significantly. However, he argued that wealth is created by allowing successful investments to compound rather than by repeatedly locking in gains.Frequent buying and selling may benefit brokers, exchanges and tax authorities, but it often works against long-term investors. Hyperactivity in portfolios can destroy wealth by interrupting compounding and increasing costs.Similarly, investors should avoid selling because another stock appears more attractive. This "buyer's remorse" mindset frequently causes investors to abandon good businesses prematurely in pursuit of seemingly better opportunities."If you manage to find a genuinely good business with strong management, a large opportunity set and reasonable valuations, the best course of action is often to simply stay invested," he said.Thakkar emphasised that investors in taxable jurisdictions such as India should maintain low portfolio turnover whenever possible. Unlike institutional structures such as mutual funds or investors in tax-free jurisdictions, individual investors face taxes and transaction costs every time they trade. Excessive churn can significantly reduce long-term returns.For wealthy investors, family offices and HNIs, the ability to remain invested and minimise unnecessary transactions often becomes a major source of compounding advantage.Also Read | ET Alpha Wealth Summit: India could unlock a $5 trillion export opportunity through FTAs, says Saurabh Mukherjea While most reasons for selling are flawed, Thakkar identified several situations where exiting an investment becomes necessary. The most obvious reason is the need for capital. If an investor requires money for a business opportunity, acquisition or personal objective, selling investments may be entirely justified. More importantly, investors must be willing to acknowledge mistakes.If an investment thesis turns out to be wrong because of flawed analysis, poor due diligence or changing circumstances, the best course is often to exit quickly rather than averaging down endlessly.According to Thakkar, investors who recognise mistakes early frequently outperform those who identify good opportunities but refuse to sell losing positions. Capital trapped in poor investments cannot be deployed into better opportunities. Fraud, naturally, represents an immediate reason to exit.One of the more challenging selling decisions arises when industries face structural disruption. Questions such as whether newspapers can survive the internet, whether thermal power can coexist with renewable energy or whether traditional automobile manufacturers can adapt to electric vehicles rarely have straightforward answers.Thakkar suggested that investors should not react impulsively but should continuously evaluate incoming evidence. Investment decisions should be driven by facts rather than sentiment. If the underlying business continues to deteriorate because of technological or structural change, investors must eventually acknowledge reality and exit.At the same time, distinguishing genuine disruption from temporary noise remains critical. Exceptional businesses are not immune to becoming overvalued. Thakkar pointed to situations where valuations become so excessive that future growth is already fully reflected in stock prices. In such cases, taking profits, paying taxes and reallocating capital may be sensible.He also noted that investors may sell a reasonably valued investment if a significantly superior opportunity emerges elsewhere.During the question-and-answer session, investors raised concerns about stocks that stop performing despite sound fundamentals. Examples such as Maruti Suzuki, Bharti Airtel and even silver investments highlighted a common dilemma: should investors exit after years of gains and subsequent consolidation?Also Read | MF Tracker: Can ICICI Prudential Multicap Fund sustain its strong track record in a volatile market? Thakkar's response was that even excellent businesses can spend years moving sideways. Companies such as Hindustan Unilever, Infosys and Bharat Electronics have all gone through extended periods of stagnant share-price performance despite remaining fundamentally strong businesses.Investors should therefore distinguish between stock-price performance and business performance. As long as the underlying business continues to execute well, temporary market stagnation alone is not a sufficient reason to sell.For investors worried about selling too early, Thakkar recommended a phased approach. Instead of attempting to identify exact market tops, investors can gradually reduce exposure over time. For instance, if a stock appears significantly overvalued, an investor might sell a portion every month rather than exiting entirely in one transaction.This systematic approach helps manage the emotional difficulty of selling while reducing the risk of poor timing. Another important consideration is position sizing. Addressing a question about highly successful investments such as Nvidia, Thakkar noted that even outstanding businesses can become disproportionately large components of a portfolio.When a single stock grows from a small allocation into a dominant position, investors face a different risk—wealth preservation rather than wealth creation. His solution is gradual trimming. Investors can periodically reduce oversized positions to maintain comfortable portfolio weightings while still participating in future upside.This approach may not maximise returns, but it significantly reduces the risk of catastrophic losses and helps investors sleep better during periods of volatility.Thakkar concluded by stressing the importance of diversification and long-term investing. Most individuals create wealth through a single business, profession or sector. Their financial portfolios should therefore diversify away from that concentration rather than amplify it.Whether through mutual funds, retirement vehicles such as NPS, EPF and PPF, or diversified portfolios, investors should focus on owning inflation-protected assets for long periods. "The lower the churn in a portfolio, the greater the opportunity for compounding," he said.Ultimately, successful investing is not about perfectly timing every entry and exit. It is about avoiding unnecessary activity, admitting mistakes quickly, remaining patient with good businesses and ensuring that no single investment becomes large enough to threaten long-term financial stability.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in alongwith your age, risk profile, and Twitter handle.
Patience is a virtue that researchers have linked to many parts of well-being. But it’s also something that needs a bit of practice and training – and can be undermined by instant, easy gratification.
China’s plan to become a world leader in AI by 2030 is a fixture of practically every Congressional briefing and expert commentary on Beijing’s AI ambitions. The plan’s logic — introduced in 2017 — was simple and alarming: Beijing would direct capital, mobilize its firms, recruit talent, and execute with the strategic patience of a state-led innovation ecosystem. Nearly a decade later, that frame has only hardened. Beijing’s recently issued 15th Five-Year Plan directs Party organs to take “extraordinary measures” to strengthen technological self-reliance and launch a new “AI+” initiative to integrate AI across the nation’s strategic sectors. Beijing has The post Forged in a Knife Fight: China’s Brutal Domestic AI Competition appeared first on War on the Rocks.