Patience is a key virtue for successful investing from "summary" of The Intelligent Investor, Rev. Ed by Benjamin Graham
As an investor, it is crucial to understand the significance of patience in the world of investing. Successful investing requires a long-term perspective and the ability to withstand market fluctuations without making impulsive decisions. The stock market is inherently unpredictable, and prices can fluctuate in the short term based on a variety of factors. Patience allows investors to ride out these fluctuations and stay focused on their long-term goals. By maintaining a patient approach, investors can avoid making hasty decisions based on short-term market movements. This is key to successful investing, as trying to time the market or make quick profits can often lead to losses in the long...
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