Last year, in my newsletter (and in my columns), I wrote a series about the essential attributes that all great investors seem to share.
The series was inspired partly by Benjamin Graham’s declaration, in that intelligence is “a trait more of the character than of the brain.” It also is rooted in Warren Buffett and Charlie Munger’s constant emphasis on “temperament” and their repeated observations that the investors with the highest IQs often don’t earn the highest returns. Finally, it’s based on my own decades of watching and interviewing the world’s leading investors.
I keep getting requests from readers who’d like to have all these posts collected in the same place. Someday, I might turn the series into a book, but for now, I’ll post links to them all here, along with an extremely brief summary of each.
You’ll find a lot more detail, including practical suggestions on how to cultivate these virtues yourself, if you follow the links below.
The seven virtues of great investors are:
In March 2022 that patience is often measured not in months or years but in decades. Readers added their own keen suggestions for how to extend your time horizons and look past short-term disappointments.