Views on market volatility

Temporary falls in the prices of quality companies only cause a real loss if you are forced to sell. Astute investors are those who emotionally overcome their distaste of volatility and recognise that their ability to it is what gives them a high return.

Or, as Warren Buffet puts it: To invest successfully over a life time does not require a stratospheric IQ, unusual business insights or inside information. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from eroding that framework.

Comments

Popular posts from this blog

Do you want to get into Goldman Sachs?

Financial Advice for Fresh College Grads

Is Diversification A Strategy Of The Past?