Previous Quote
The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.
A Quote By Warren Buffett
Warren Buffett
Renowned American Investor and Chairman of Berkshire Hathaway
Warren Buffett, the legendary investor, exemplifies timeless wisdom in finance, amassing immense wealth through his prudent and patient approach to investing.
Explanation Of The Quote
Synopsis
This quote highlights the significance of temperament in successful investing. Warren Buffett suggests that emotional stability and discipline are more crucial for investors than high intelligence. It’s essential to avoid the extremes of excessive herd mentality (following the crowd) or contrarianism (going against the crowd) and maintain a balanced temperament.
Topics:Investment Temperament
Recommended Reads
Amazon.com
Berkshire Hathaway Letters to Shareholders, 1965 – 2023
Amazon.com
Warren Buffett And The Interpretation Of Financial Statements
Amazon.com
Warren Buffett: Success Secrets
Amazon.com
The Warren Buffet Way
Amazon.com
The Warren Buffett Stock Portfolio
Amazon.com
Investment Principles of Warren Buffett
Amazon.com
The Snowball: Warren Buffett and the Business of Life
Amazon.com
Warren Buffett's 7 Habits For Success
More Quotes By Warren Buffett
More On Warren Buffett
Amazon.com
Berkshire Hathaway Letters to Shareholders, 1965 – 2023
Amazon.com
Warren Buffett And The Interpretation Of Financial Statements
Amazon.com
Warren Buffett: Success Secrets
Amazon.com
The Warren Buffet Way