*"Those who excel at delaying gratification, and mentally managing the associated uncertainty along the way,

end up accumulating the vast majority of capital and enjoying the vast majority of health and prosperity. Low

time preference is the most reliable source of life inequality. This means stay humble, stack sats, and HODL an uncomfortable amount of bitcoin for an uncomfortably long time. **Bitcoin is the most potent device ever invented for transferring wealth from the impatient to the patient.** Be patient."*

- Ross L. Stevens, Stone Ridge Asset Management

Link to 2024 Investor Letter (worth reading):