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Buffett avoids getting caught up in market fluctuations from "summary" of Warren Buffett's Ground Rules by Jeremy Miller
Warren Buffett's success can be attributed to his ability to remain focused on the long-term, rather than getting caught up in short-term market fluctuations. He understands that the stock market is bound to be volatile, with prices fluctuating on a daily basis. However, instead of trying to time the market or predict short-term movements, Buffett stays true to his investment philosophy of buying quality companies at attractive prices and holding onto them for the long haul. By keeping a long-term perspective, Buffett is able to avoid the emotional rollercoaster that often comes with market fluctuations. He does not get swayed by fear or greed, which can cloud judgment and lead to poor decision-making. Instead, Buffett remains disciplined and patient, sticking to his investment principles regardless of what t...
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