Great books are wine,” Twain said, “but my books are water. But everybody drinks water. - Morgan Housel

people criticize Yahoo! with as much passion for turning down its own big buyout offer from Microsoft

Growth is driven by compounding, which always takes time. Destruction is driven by single points of failure, which can happen in seconds, and loss of confidence, which can happen in an instant.

The trick in any field - from finance to careers to relationships - is being able to survive the short-run problems so you can stick around long enough to enjoy the long-term growth.