Ability Quote by Warren Buffett

Great investors need to have the right combination of intuition, business sense and investment talent.

— Andrew Lo

[In picking stocks] You really have to know a lot about business. You have to know a lot about competitive advantage. You have to…

— Charlie Munger

Investors operate with limited funds and intelligence, they do not need to know everything. As long as they understand something better than others, they…

— George Soros

The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the…

— Warren Buffett

The list of qualities (an investor should have) include patience, self-reliance, common sense, a tolerance for pain, open-mindedness, detachment, persistence, humility, flexibility, a willingness…

— Peter Lynch

We think the most important criteria for selecting an investment firm are the manager, team, and track record.

— John Paulson

While knowing how to value businesses is essential for investment success, the first and perhaps most important step in the investment process is knowing…

— Seth Klarman

Unfortunately, skill in evaluating the business prospects of a firm is not sufficient for successful stock trading, where the key question is whether the…

— Daniel Kahneman

My experience is that very few people have what it takes to be a successful investor, as I discussed in The Arrogance of Stock…

— Whitney Tilson

“Your goal as an investor should be simply to purchase, at a rational price, a part interest in an easily understood business whose earnings…

— Jeff Matthews

So if you are evaluating others (or yourself!) in the investment field, think out some standards - apply them - interpret them.

— Warren Buffett

Understanding how to be a good investor makes you a better business manager and vice versa.

— Charlie Munger