financial patience Quotes

Look at those hedge funds - you think they can wait? They don't know how to wait! I have sat for years at a time with $10 to $12 million in treasuries or municipals, just waiting, waiting...As Jesse Livermore said, 'The big money is not in the buying and selling...but in the waiting.'

The Stock Market is designed to transfer money from the Active to the Patient.

Patience in Market, is worth Pounds in a year.

Investing is where you find a few great companies and then sit on your ass.

Millionaires are risk-takers, and they don't become millionaires until they're 40 or 50. It's a slower process than a lot of people think.

It's OK, by the way, that it takes 10 years for you to make "money." Since when was it that being in your mid-30s to make a few hundred thousand dollars or a million dollars was like egregiously unfair? I think we have to have a sense of perspective here. We're all going to live into our 80s or 90s. So what is everybody in such a rush for?

My advice to the average investor in 1988 is to be patient and think long-term. It will take 18 months for confidence to get better and, in the meantime, this is absolutely no place for short-term money.

Buy into good, well-researched companies and then wait. Let's call it a sit-on-your-hands investment strategy.

The longer you hold a dollar, the longer you hold money, the more valuable it becomes over time. So the younger you are, the more ability you have to hold money longer term.

Investing is a business where you can look very silly for a long period of time before you are proven right.

Our favorite holding period is forever.

One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do... I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up... I wait for a situation that is like the proverbial "shooting fish in a barrel."

You're going to be waiting a long time before you start seeing money from it. Just really sit with yourself and think "Why do I want to be a singer?" like really think it out and if you realize that you really need to stick with then then be really focused and have good intentions on why you're doing it and it will work out.

I've been called Mr. Patient Money because I have the patience to work through challenging circumstances.

What goes down usually goes back up, if you're willing to be patient and don't hit the panic button.

A businessman is someone who buys at ten and is happy to get out at twelve. The other kind of man buys at ten, sees it rise to eighteen and does nothing. He is waiting for it to rise to twenty. When it drops to two he waits for it to get back to ten.

Your ultimate success or failure will depend on your ability to ignore the worries of the world long enough to allow your investments to succeed.