Successful investing in any asset class requires patience, discipline and the ability to control one’s emotions. Here are some of the best investment minds in history offering insights on timeless wealth building principles.
Emotions
“The investor’s chief problem— and his worst enemy—is likely to be himself. In the end, how your investments behave is much less important than how you behave.” – Benjamin Graham
“A lot of people with high IQs are terrible investors because they’ve
got terrible temperaments. You need to keep raw, irrational emotion under control.” – Charlie Munger
Forecasts
“I make no attempt to forecast the market—my efforts are devoted to finding undervalued securities.” – Warren Buffet
Market Correction
“A market downturn doesn’t bother us. It is an opportunity to increase our ownership of great companies with great management at good prices.” – Warren Buffet
Think Long Term
“Invest for the long haul. Don’t get too greedy and don’t get too scared.” – Shelby M.C. Davis
“The best way to measure your investing success is not by whether you’re beating the market but by whether you’ve put in place a financial plan and a behavioral discipline that are likely to get you where you want to go.” – Benjamin Graham
Stay The Course
“In the short run, the market is a voting machine. In the long run, it is a weighing machine.” – Benjamin Graham
