Without faith in his own judgment no man can go very far…
“Without faith in his own judgment no man can go very far in this game. That is about all I have learned - to study general conditions, to take a position and stick to it. I can wait without a twinge of impatience. I can see a setback without being shaken, knowing that it is only temporary.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Success requires confidence in one’s own judgment, studying conditions, committing to a position, and patient endurance.
In simple terms: Trust your judgment and stay patient.
Key Takeaway
Commit, study, and endure.
Themes
confidence
patience
strategy
Mood
analytical
steady
Type
advice
philosophical
When to use this quote
- trading
- investment planning
- career decisions
- risk management
Key Concepts
finance
decision theory
Questions to Reflect On
- How do you test your judgments?
- When should you adjust a position?
A Different Perspective
Overconfidence can blind to new data.