Customer Quote by Susan Cain
““Buffett is known for thinking carefully when those around him lose their heads. “Success in investing doesn’t correlate with IQ,” he has said. “Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.””
About This Quote
Source Interview: CNBC, 2020
Investing success depends more on temperament and self‑control than raw intelligence.
In simple terms: Self‑control matters more than IQ in investing.
Key Takeaway
Cultivate emotional discipline for better decisions.
Themes
investing
temperament
self‑control
IQ
Mood
analytical
inspirational
Type
financial
psychological
When to use this quote
- stock market
- personal finance
- portfolio management
Key Concepts
behavioral finance
psychology of risk
decision making
Questions to Reflect On
- How can you improve emotional discipline?
- What role does knowledge play alongside temperament?
A Different Perspective
Temperament alone cannot guarantee success without knowledge.
