underscored

@underscored

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The big money is not in the buying and selling, but in the waiting. Patience is the virtue that is most rewarded in investing.

Charlie Munger, Berkshire Hathaway Annual Meeting Q&A (2005)
2w ago

The big difference between successful people and unsuccessful people is that successful people say no to almost everything.

3w ago

The big money is not in the buying and selling, but in the waiting. You have to be willing to hold. Most people aren't.

1mo ago

The big money is not in the buying and selling, but in the waiting. You have to sit on your ass and do nothing.

1mo ago

The best business decision is often the one you don't make. Most of life's errors come from doing things, not from leaving them undone.

1mo ago

The best business decision is often the one that's hardest to make—the decision to do nothing when everyone else is doing something.

2mo ago

The big money is not in the buying and selling, but in the waiting. Lethargy bordering on sloth remains the best investment style.

2mo ago

The first rule of compounding: Never interrupt it unnecessarily. The second rule of compounding: Never interrupt it unnecessarily.

2mo ago

The best investment you can make is in yourself. But very few people do it, because it's unglamorous and requires a lot of discipline.

3mo ago

The big money is not in the buying and selling, but in the waiting. Investors often confuse activity with progress—the most valuable thing you can do is simply sit with a good decision.

3mo ago

Underscored — save the words that stop you in your tracks.

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