These young investors have adopted certain mantras. Maybe none more famous than the term HODL. HODL is short for hold on for dear life. What is striking to us is that, while the term is well-founded, they know that to create a large net worth you must hold a position for a very long time. This increases your net worth, while keeping the government away from taxing your unrealized capital gains. In effect, you just hold on as long as you can.