story

The Tortoise and the Hare

The lesson that slow and steady can beat fast and complacent.

Origin

An Aesop fable. A hare, confident in his speed, mocks a tortoise for being slow. They race. The hare sprints ahead and stops to nap, sure of victory. The tortoise keeps walking and crosses the finish line first. The moral — usually translated as 'slow and steady wins the race' — has been quoted at children for two and a half millennia.

Modern usage

Standard in writing about compounding, investing, and career patience. Also used (often defensively) by anyone losing in the short run who would like to believe they'll be ahead in the long one.

In the wild

Index funds are the tortoise; stock-picking is the hare.— personal finance

Tags

patience
race
fable

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