---
title: "Meaning & Key Takeaway of: Patience is a crucial but rare investment…"
description: "\"Patience is a crucial but rare investment commodity.\" — David Dreman"
image: "https://sms4smile.com/quotes/i/84f/david-dreman-29428_commodity_patience-is-a-crucial-but-rare-investmen_2709175.jpg"
---

#  Patience is a crucial but rare investment commodity.

![“Patience is a crucial but rare investment commodity.” quote by David Dreman](https://sms4smile.com/quotes/i/84f/david-dreman-29428_commodity_patience-is-a-crucial-but-rare-investmen_2709175.jpg)   [Download](https://sms4smile.com/quotes/i/84f/david-dreman-29428_commodity_patience-is-a-crucial-but-rare-investmen_2709175.jpg) [Open image](https://sms4smile.com/quotes/i/84f/david-dreman-29428_commodity_patience-is-a-crucial-but-rare-investmen_2709175.jpg)

> “Patience is a crucial but rare investment commodity.”

[David Dreman](https://sms4smile.com/quotes/author/david-dreman/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Patience is valuable yet scarce, like a commodity that yields long‑term returns.

**In simple terms:** Patience is a rare, valuable asset.

Key Takeaway

Cultivate patience for better outcomes.

Themes

finance psychology investment

Mood

thoughtful analytical

Type

financial philosophical

When to use this quote

- stock market investing
- career planning
- personal growth

Key Concepts

long‑term thinking behavioral economics

Questions to Reflect On

- How can you balance patience with timely action?
- When is impatience justified?

A Different Perspective

Patience can lead to missed opportunities if over‑applied.

★ ★ ★ ★ ★   No ratings yet

[Inspirational](https://sms4smile.com/quotes/about/inspirational/) [Investing](https://sms4smile.com/quotes/about/investing/) [Investment](https://sms4smile.com/quotes/about/investment/) [Love](https://sms4smile.com/quotes/about/love/) [Patience](https://sms4smile.com/quotes/about/patience/)

## Related quotes

> [Demanding immediate success invariably leads to playing the fads or fashions currently performing well rather than investing on a solid basis. A course of…](https://sms4smile.com/quotes/david-dreman/demanding-immediate-success-invariably-leads-to-playing-the-fads-or/)

[David Dreman](https://sms4smile.com/quotes/author/david-dreman/)

> [“Patience is crucial for customer service professionals.”](https://sms4smile.com/quotes/oscar-auliq-ice/patience-is-crucial-for-customer-service-professionals/)

[Oscar Auliq-Ice](https://sms4smile.com/quotes/author/oscar-auliq-ice/)

> [Patience is crucial in a relationship on matters of the heart.](https://sms4smile.com/quotes/anne-nwakama/patience-is-crucial-in-a-relationship-on-matters-of-the-heart/)

[Anne Nwakama](https://sms4smile.com/quotes/author/anne-nwakama/)

> [Barge traffic on the Mississippi River represents the most efficient, most cost-effective, most environmentally sound means of transporting commodity goods from this region of…](https://sms4smile.com/quotes/leonard-boswell/barge-traffic-on-the-mississippi-river-represents-the-most-efficient/)

[Leonard Boswell](https://sms4smile.com/quotes/author/leonard-boswell/)

> [It were good to know how much hay an acre of every sort will bear; how many cattle the same weight of each sort…](https://sms4smile.com/quotes/william-petty/it-were-good-to-know-how-much-hay-an-acre-of-every-sort-will-bear-how/)

[William Petty](https://sms4smile.com/quotes/author/william-petty/)

> [The great lesson in microeconomics is to discriminate between when technology is going to help you and when it's going to kill you. And…](https://sms4smile.com/quotes/charlie-munger/the-great-lesson-in-microeconomics-is-to-discriminate-between-when/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

> [Oil painting did to appearances what capital did to social relations. It reduced everything to the equality of objects. Everything became exchangeable because everything…](https://sms4smile.com/quotes/john-berger/oil-painting-did-to-appearances-what-capital-did-to-social-relations/)

[John Berger](https://sms4smile.com/quotes/author/john-berger/)

> [Petrol price is a deregulated commodity, price of which is decided by our oil marketing companies based on input cost and other parameters.](https://sms4smile.com/quotes/veerappa-moily/petrol-price-is-a-deregulated-commodity-price-of-which-is-decided-by/)

[Veerappa Moily](https://sms4smile.com/quotes/author/veerappa-moily/)

> [It is an anomaly that information, the one thing most necessary to our survival as choosers of our own way, should be a commodity…](https://sms4smile.com/quotes/a-j-liebling/it-is-an-anomaly-that-information-the-one-thing-most-necessary-to-our/)

[A. J. Liebling](https://sms4smile.com/quotes/author/a-j-liebling/)

> [Exploitation and manipulation produce boredom and triviality; they cripple man, and all factors that make man into a psychic cripple turn him also into…](https://sms4smile.com/quotes/erich-fromm/exploitation-and-manipulation-produce-boredom-and-triviality-they/)

[Erich Fromm](https://sms4smile.com/quotes/author/erich-fromm/)

> [I eventually found that the soul is more than an immortal commodity to win and save. It is the repository of the inner divine,…](https://sms4smile.com/quotes/sue-monk-kidd/i-eventually-found-that-the-soul-is-more-than-an-immortal-commodity/)

[Sue Monk Kidd](https://sms4smile.com/quotes/author/sue-monk-kidd/)

> [Fear is the most valuable commodity in the universe.](https://sms4smile.com/quotes/max-brooks/fear-is-the-most-valuable-commodity-in-the-universe/)

[Max Brooks](https://sms4smile.com/quotes/author/max-brooks/)

> [Money degrades all the gods of man and converts them into commodities.](https://sms4smile.com/quotes/karl-marx/money-degrades-all-the-gods-of-man-and-converts-them-into-commodities/)

[Karl Marx](https://sms4smile.com/quotes/author/karl-marx/)

> [“Truth is commodity in political consumption.”](https://sms4smile.com/quotes/toba-beta/truth-is-commodity-in-political-consumption/)

[Toba Beta](https://sms4smile.com/quotes/author/toba-beta/)

> [We do not claim that punning is legitimate wit. Wit consists in combination of ideas, punning in combination of words only. We wonder at…](https://sms4smile.com/quotes/harriet-hosmer/we-do-not-claim-that-punning-is-legitimate-wit-wit-consists-in/)

[Harriet Hosmer](https://sms4smile.com/quotes/author/harriet-hosmer/)

## More by David Dreman

> [A realistic definition of risk recognizes the potential loss of capital through inflation and taxes, and would include at least the following two factors:…](https://sms4smile.com/quotes/david-dreman/a-realistic-definition-of-risk-recognizes-the-potential-loss-of/)

[David Dreman](https://sms4smile.com/quotes/author/david-dreman/)

> [Investors repeatedly jump ship on a good strategy just because it hasn't worked so well lately, and, almost invariably, abandon it at precisely the…](https://sms4smile.com/quotes/david-dreman/investors-repeatedly-jump-ship-on-a-good-strategy-just-because-it/)

[David Dreman](https://sms4smile.com/quotes/author/david-dreman/)

> [History constantly reminds us that in an uncertain world there is no visibility of prospects. Future earnings cannot be predicted with accuracy.](https://sms4smile.com/quotes/david-dreman/history-constantly-reminds-us-that-in-an-uncertain-world-there-is-no/)

[David Dreman](https://sms4smile.com/quotes/author/david-dreman/)

> [Favored stocks underperform the market, while out-of-favor companies outperform the market, but the reappraisal often happens slowly, even glacially.](https://sms4smile.com/quotes/david-dreman/favored-stocks-underperform-the-market-while-out-of-favor-companies/)

[David Dreman](https://sms4smile.com/quotes/author/david-dreman/)

> [Bank One has got one of the best credit card divisions, ... The perception of investors is that financial services stocks are affected by…](https://sms4smile.com/quotes/david-dreman/bank-one-has-got-one-of-the-best-credit-card-divisions-the-perception/)

[David Dreman](https://sms4smile.com/quotes/author/david-dreman/)

> [Analysts have always been overly optimistic.](https://sms4smile.com/quotes/david-dreman/analysts-have-always-been-overly-optimistic/)

[David Dreman](https://sms4smile.com/quotes/author/david-dreman/)

> [Psychology is probably the most important factor in the market - and one that is least understood.](https://sms4smile.com/quotes/david-dreman/psychology-is-probably-the-most-important-factor-in-the-market-and/)

[David Dreman](https://sms4smile.com/quotes/author/david-dreman/)

> [Experience teaches us that when "everyone" comes to the same conclusion, that conclusion is just about always wrong.](https://sms4smile.com/quotes/david-dreman/experience-teaches-us-that-when-everyone-comes-to-the-same-conclusion/)

[David Dreman](https://sms4smile.com/quotes/author/david-dreman/)

> [Nobody beats the market, they say. Except for those of those of us who do.](https://sms4smile.com/quotes/david-dreman/nobody-beats-the-market-they-say-except-for-those-of-those-of-us-who/)

[David Dreman](https://sms4smile.com/quotes/author/david-dreman/)

> [One of the big problems with growth investing is that we can't estimate earnings very well. I really want to buy growth at value…](https://sms4smile.com/quotes/david-dreman/one-of-the-big-problems-with-growth-investing-is-that-we-can-t/)

[David Dreman](https://sms4smile.com/quotes/author/david-dreman/)

> [I paraphrase Lord Rothschild: ‘The time to buy is when there's blood on the streets.'](https://sms4smile.com/quotes/david-dreman/i-paraphrase-lord-rothschild-the-time-to-buy-is-when-there-s-blood-on/)

[David Dreman](https://sms4smile.com/quotes/author/david-dreman/)

> [“The rational man - like the Loch Ness monster - is sighted often, but photographed rarely.”](https://sms4smile.com/quotes/david-dreman/the-rational-man-like-the-loch-ness-monster-is-sighted-often-but/)

[David Dreman](https://sms4smile.com/quotes/author/david-dreman/)

> [We invest in undervalued companies that exhibit strong fundamentals, above-market dividend yields and historic earnings growth, which our analysis indicates will persist. Our strategy…](https://sms4smile.com/quotes/david-dreman/we-invest-in-undervalued-companies-that-exhibit-strong-fundamentals/)

[David Dreman](https://sms4smile.com/quotes/author/david-dreman/)

> [ A good starting point \[in the measurement of investment risk\] is the preservation and enhancement of your purchasing power in real terms. ](https://sms4smile.com/quotes/david-dreman/a-good-starting-point-in-the-measurement-of-investment-risk-is-the/)

[David Dreman](https://sms4smile.com/quotes/author/david-dreman/)

> [I buy stocks when they are battered. I am strict with my discipline. I always buy stocks with low price-earnings ratios, low price-to-book value…](https://sms4smile.com/quotes/david-dreman/i-buy-stocks-when-they-are-battered-i-am-strict-with-my-discipline-i/)

[David Dreman](https://sms4smile.com/quotes/author/david-dreman/)

[Explore all 18 David Dreman quotes ](https://sms4smile.com/quotes/author/david-dreman/)

## More Commodity quotes

> [We do not claim that punning is legitimate wit. Wit consists in combination of ideas, punning in combination of words only. We wonder at…](https://sms4smile.com/quotes/harriet-hosmer/we-do-not-claim-that-punning-is-legitimate-wit-wit-consists-in/)

[Harriet Hosmer](https://sms4smile.com/quotes/author/harriet-hosmer/)

> [“Truth is commodity in political consumption.”](https://sms4smile.com/quotes/toba-beta/truth-is-commodity-in-political-consumption/)

[Toba Beta](https://sms4smile.com/quotes/author/toba-beta/)

> [Money degrades all the gods of man and converts them into commodities.](https://sms4smile.com/quotes/karl-marx/money-degrades-all-the-gods-of-man-and-converts-them-into-commodities/)

[Karl Marx](https://sms4smile.com/quotes/author/karl-marx/)

> [Fear is the most valuable commodity in the universe.](https://sms4smile.com/quotes/max-brooks/fear-is-the-most-valuable-commodity-in-the-universe/)

[Max Brooks](https://sms4smile.com/quotes/author/max-brooks/)

> [I eventually found that the soul is more than an immortal commodity to win and save. It is the repository of the inner divine,…](https://sms4smile.com/quotes/sue-monk-kidd/i-eventually-found-that-the-soul-is-more-than-an-immortal-commodity/)

[Sue Monk Kidd](https://sms4smile.com/quotes/author/sue-monk-kidd/)

> [Exploitation and manipulation produce boredom and triviality; they cripple man, and all factors that make man into a psychic cripple turn him also into…](https://sms4smile.com/quotes/erich-fromm/exploitation-and-manipulation-produce-boredom-and-triviality-they/)

[Erich Fromm](https://sms4smile.com/quotes/author/erich-fromm/)

> [It is an anomaly that information, the one thing most necessary to our survival as choosers of our own way, should be a commodity…](https://sms4smile.com/quotes/a-j-liebling/it-is-an-anomaly-that-information-the-one-thing-most-necessary-to-our/)

[A. J. Liebling](https://sms4smile.com/quotes/author/a-j-liebling/)

> [Petrol price is a deregulated commodity, price of which is decided by our oil marketing companies based on input cost and other parameters.](https://sms4smile.com/quotes/veerappa-moily/petrol-price-is-a-deregulated-commodity-price-of-which-is-decided-by/)

[Veerappa Moily](https://sms4smile.com/quotes/author/veerappa-moily/)

> [Oil painting did to appearances what capital did to social relations. It reduced everything to the equality of objects. Everything became exchangeable because everything…](https://sms4smile.com/quotes/john-berger/oil-painting-did-to-appearances-what-capital-did-to-social-relations/)

[John Berger](https://sms4smile.com/quotes/author/john-berger/)

> [The great lesson in microeconomics is to discriminate between when technology is going to help you and when it's going to kill you. And…](https://sms4smile.com/quotes/charlie-munger/the-great-lesson-in-microeconomics-is-to-discriminate-between-when/)

[Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/)

> [It were good to know how much hay an acre of every sort will bear; how many cattle the same weight of each sort…](https://sms4smile.com/quotes/william-petty/it-were-good-to-know-how-much-hay-an-acre-of-every-sort-will-bear-how/)

[William Petty](https://sms4smile.com/quotes/author/william-petty/)

> [Barge traffic on the Mississippi River represents the most efficient, most cost-effective, most environmentally sound means of transporting commodity goods from this region of…](https://sms4smile.com/quotes/leonard-boswell/barge-traffic-on-the-mississippi-river-represents-the-most-efficient/)

[Leonard Boswell](https://sms4smile.com/quotes/author/leonard-boswell/)

> [Regardless of the importance of known evidence to the contrary, the arts are generally regarded as being so much entertaining fluff, a commodity that…](https://sms4smile.com/quotes/ken-danby/regardless-of-the-importance-of-known-evidence-to-the-contrary-the/)

[Ken Danby](https://sms4smile.com/quotes/author/ken-danby/)

> [The proposition of Mr. Ricardo, which states that a rise in the price of labour lowers the price of a large class of commodities,…](https://sms4smile.com/quotes/thomas-malthus/the-proposition-of-mr-ricardo-which-states-that-a-rise-in-the-price/)

[Thomas Malthus](https://sms4smile.com/quotes/author/thomas-malthus/)

> [To be happy you have to know what you really want. After all, you can never have enough of what you didn't want in…](https://sms4smile.com/quotes/robert-holden/to-be-happy-you-have-to-know-what-you-really-want-after-all-you-can/)

[Robert Holden](https://sms4smile.com/quotes/author/robert-holden/)

Browse all 673 Commodity quotes

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Quotation",
            "text": "Patience is a crucial but rare investment commodity.",
            "creator": {
                "@type": "Person",
                "name": "David Dreman"
            },
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "url": "https://sms4smile.com/quotes/david-dreman/patience-is-a-crucial-but-rare-investment-commodity/",
            "about": {
                "@type": "Thing",
                "name": "Commodity"
            },
            "@id": "https://sms4smile.com/quotes/david-dreman/patience-is-a-crucial-but-rare-investment-commodity/#quotation",
            "image": {
                "@type": "ImageObject",
                "@id": "https://sms4smile.com/quotes/i/84f/david-dreman-29428_commodity_patience-is-a-crucial-but-rare-investmen_2709175.jpg",
                "contentUrl": "https://sms4smile.com/quotes/i/84f/david-dreman-29428_commodity_patience-is-a-crucial-but-rare-investmen_2709175.jpg",
                "url": "https://sms4smile.com/quotes/i/84f/david-dreman-29428_commodity_patience-is-a-crucial-but-rare-investmen_2709175.jpg",
                "width": 1080,
                "height": 1080,
                "caption": "“Patience is a crucial but rare investment commodity.” — David Dreman",
                "creditText": "SMS4Smile Quotes",
                "creator": {
                    "@id": "https://sms4smile.com/quotes/#organization"
                }
            }
        },
        {
            "@type": "BreadcrumbList",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "David Dreman",
                    "item": "https://sms4smile.com/quotes/author/david-dreman/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "Patience is a crucial but rare...",
                    "item": "https://sms4smile.com/quotes/david-dreman/patience-is-a-crucial-but-rare-investment-commodity/"
                }
            ],
            "@id": "https://sms4smile.com/quotes/david-dreman/patience-is-a-crucial-but-rare-investment-commodity/#breadcrumb"
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```
