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rosemountbomber

02/29/24 10:34 AM

#421719 RE: Nukemtiltheyglow #421716

I believe Charlie Munger once said: “The big money is not in the buying or selling, but in the waiting.”

And then there is the other saying that the stock market is a mechanism for transferring wealth from the impatient to the patient.

Of course on the other hand, being one of the long time sufferers here, I can sympathize and concur with some of those feelings of frustration.

I don’t think Buffet and Munger really thought of timelines like more than 12 years when they referred to patience. Of course we have no choice so I have acquired the ability to be patient.