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Index4INDEX Card 240: Benjamin Franklin 2



He that can have patience can have what he will.

-- Benjamin Franklin

For more about Benjamin Franklin, keep reading....

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About the Quote

Many things in life require patience. Along with that patience comes discipline. Both help us learn what is happening around us, and if those things happen repeatedly then we can plan for them.

When we know what's going on, we can afford to be patient. When we don't know what's going on, being patient allows us to get more input we need so we can determine a proper course of action.

If we act in haste, we may as well be taking a long run off a short pier, or be like Wile E. Coyote discovering gravity when he's 50 feet past the edge of the cliff. Neither scenario ends well.

Patience is also vital for people active in financial markets. Panic selling just shifts wealth from "dumb" investors to "smart" investors. Selling due to FUD or FOMO results in the same thing. It's been said that fortunes are made in bear markets, but it's not so easy to endure one. That's why it's important for us to be patient in whatever we do when patience is required of us.

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Some Information about Benjamin Franklin

Benjamin Franklin was born in Boston, Massachusetts on 1706-January-17 (old style calendar date 1707-January-6). He died in Philadelphia, Pennsylvania, US on 1790-April-17.

Ben Franklin is known for many things. He was a printer, publisher, author, inventor, scientist, diplomat, and government official. During a period which produced the leading figures key to the founding of a new nation, he was one of the more high-profile figures. As one of the Founding Fathers of the United States, he helped Thomas Jefferson draft the Declaration of Independence in 1776.

Although most of us who know about Ben Franklin as one of the most educated men of his era-- based on his future accomplishments-- his formal education was actually very limited. Very early in life he learned how to read. He had just one year of grammar school. He also had one year of formal education under a private tutor. That was all the formal education he had. The rest of his education came from apprenticeship, tinkering, and being a keen observer of his surroundings and the people around him.

When he was 12, Ben Franklin became an apprentice to one of his older brothers, James, who was a printer. He acquired mastery of the craft and trade of printing between 1718 and 1723. He maintained the habit of reading as he apprenticed to become a printer, but he also learned how to write persuasively and effectly.

-- Source

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Post Details

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Other Quotes by Benjamin Franklin

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