One legendary investor, in an interview a few years ago, was asked to name the single most important thing he had learned over 70 years in the markets. He replied with a single word: “patience”. Patience can be hard because it requires self-control. But that’s also where its value lies.
When it comes to investing, it’s precisely the unpopularity of patience that makes it so valuable. http://bit.ly/1zhXU3y