Does it therefore mean that the outcome of an investment can be determined in advance when we delay enjoyment/gratification?
Investment can be more risky and unpredictable, but if you do practice delayed gratification it allows you to have more funds for your investments and probably, you can be more profitable in the future. Many are too optimistic about their investments which is pretty good, they believe that once they put money on the right investment, returns can happen. It’s good to practice delayed gratification, you will realize that you don’t actually need those material things just to be more happy, and when the right time comes for sure you can buy the things you really wanted, usually it takes time but its worth it.