Creative thinking can be taught. It can be learnt. It requires deliberate practice.

From the vantage point of the investor, staying power comes from:

1. Large number of years left to invest.
2. Ability to handle volatility through financial strength – low or no debt and significant disposable income preventing the need to liquidate portfolio during inappropriate times.
3. A frugal nature.
4. Ability to handle volatility through psychological strength.
5. A very long-term view about investing.
6. Structural advantages – investing your own money or other people’s money who will not or cannot withdraw it for a long long time.
7. Family support during tough times.