"La qualité la plus importante pour un investisseur est le tempérament, pas l'intellect"
— Warren Buffett
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Simplified Meaning:
For investing money, having a calm and stable personality is more important than being really smart. You don't need to be a genius to make good investment choices; what's crucial is being able to stay calm and think clearly even when things are not going well in the market. For example, if the stock market crashes and prices drop quickly, a person with good temperament won’t panic and sell off everything at a loss. Instead, they will stay patient, do their research, and make thoughtful decisions based on long-term goals. This kind of calm and measured approach can help avoid mistakes driven by fear or excitement. So, to be a successful investor, focus on staying cool under pressure and not letting emotions drive your decisions.
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Behavioral finance Emotional intelligence Finance Financial wisdom Intellect Investing Investment strategy TemperamentFEATURED QUOTES
