Bigs Quote by Charlie Munger
“The big money is not in the buying and selling ... but in the waiting.”
About This Quote
Source Speech: Annual Shareholder Meeting, Berkshire Hathaway, 1994
Wealth is generated not by frequent trades but by patient waiting for opportunities.
In simple terms: Patience, than activity, creates wealth.
Key Takeaway
Practice patient investing.
Themes
finance
patience
investment strategy
wealth creation
Mood
analytical
pragmatic
Type
financial
investment
When to use this quote
- economic theory
- behavioral finance
Key Concepts
stock market
long‑term investing
value investing
Questions to Reflect On
- How long are you willing to wait for a good investment?
- What factors make you decide to act versus wait?
A Different Perspective
Waiting can be costly if opportunities are missed.
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