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Success in investing requires patience from "summary" of A psicologia financeira by Morgan Housel
Many people think that investing success is all about finding the next hot stock or predicting the next big market move. They believe that if they can just time the market right or pick the right stock, they will be able to make a fortune. However, the reality is quite different. Investing success is not about making quick gains or getting rich overnight. It's about having the patience to stick with your investments through the ups and downs of the market. It's about understanding that investing is a long-term game, and that trying to time the market or chase after the latest fad is a surefire way to lose money. One of the most important things you can do as an investor is to have patience. This means being able to withstand short-term fluctuations in the market without panicking or making rash decisions. It means having the disc...
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