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Be patient and disciplined in your investment approach from "summary" of The Intelligent Investor, Rev. Ed by Benjamin Graham
The concept of being patient and disciplined in your investment approach is essential for long-term success in the stock market. As Benjamin Graham advises, it is crucial to resist the temptation to make impulsive decisions based on short-term fluctuations in stock prices. Instead, investors should focus on the underlying value of the companies they are investing in and have the patience to ride out market volatility. Discipline is another key component of a successful investment strategy. Investors must have the discipline to stick to their investment plan and not be swayed by market hysteria or external factors. By following a disciplined approach, investors can avoid making emotional decisions that could lead to significant losses. One way to maintain discipline in you...
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