Quote of the day by David Swensen: "If you’re investing with a long time horizon, having an equity bias makes sense; stocks go up in the long run"

The article features a quote from legendary investor David Swensen emphasising that investors with a long time horizon benefit from an equity bias, as stocks have historically delivered superior long-term returns. It argues that volatility should be viewed as temporary and that staying invested with discipline beats attempting to time the market. The piece offers general long-term wealth creation advice relevant to goals like retirement and education planning.