Patience

Patience. “Please be patient,” advises Joe Biden. Some people filled with worry have problems being patient. There is a whole big chunk of counting to do. In our times of Covid there are more ballots to count. People did it remotely to protect themselves.

Oregon, and a few other states, had it easy. With our vote by mail with all (in Oregon) ballots due by 8:00 on Tuesday, the counting was business as usually done. We don’t have things like the North Carolina provision of allowing ballots to arrive before the 12th. So we have our ballots counted. They need to wait for all their ballots to be counted.

What if you did not have the chance to wait? What if you knew you would have to wait for results? Like for five years? Warren Buffet advised investors to do just that, make your investment and ignore it for years. Or tax the short term gains at 100%. Patience is good.

Or consider a person with a cancer diagnosis. The rule of thumb is to call it “in remission” for the first five years. You just do not know if your cure is a cure or not. You will not know for those years. Yes, you can believe it, or not, but you do not know.

You cannot know, You can only be patient.

Leave a Comment