Ann: Nymagee Exploration Update , page-9

Came across this today and couldn't help but think of YTC....

“The seed of a bamboo tree is planted, fertilized and watered. Nothing happens for the first year. There´s no sign of growth. Not even a hint. The same thing happens – or doesn´t happen – the second year. And then the third year. The tree is carefully watered and fertilized each year, but nothing shows. No growth. No anything. Then the bamboo tree suddenly sprouts and grows thirty feet in three months.” ? Zig Ziglar

This story is more than a quote about persistence – it’s actually a reasonable description of risk-managed investing.