Friday, May 9, 2014

Temperament...

“We have seen much more money made and kept by “ordinary people” who were temperamentally well suited for the investment process than by those who lacked this quality, even though they had an extensive knowledge of finance, accounting, and stock-market lore.” –Ben Graham

“Success in investing doesn't correlate with I.Q... Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.” –Warren Buffett