Attributes Quote by Peter Cundill
“The most important attribute for success in value investing is patience, patience, and more patience. The majority of investors do not possess this characteristic.”
About This Quote
Source Book: The Art of Value Investing, 1998
Success in value investing hinges on sustained patience; most investors lack this trait, hindering long‑term gains.
In simple terms: Patience is key for value investing.
Key Takeaway
Cultivate long‑term patience.
Themes
investing
patience
value investing
Mood
analytical
pragmatic
Type
financial
educational
When to use this quote
- stock selection
- portfolio management
- retirement planning
- market downturns
Key Concepts
behavioral finance
discipline
Questions to Reflect On
- How can you build patience in volatile markets?
- What other traits complement patience for investing success?
A Different Perspective
Patience alone cannot compensate for poor analysis or market shifts.
