The big money is not in the buying and selling ... but in the waiting.
Never interrupt your enemy when he is making a mistake.
After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!
Gentlemen, when the enemy is committed to a mistake we must not interrupt him too soon.
Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant.
A few major opportunities, clearly recognizable as such, will usually come to one who continuously searches and waits, with a curious mind, loving diagnosis involving multiple variables. And then all that is required is a willingness to bet heavily when the odds are extremely favorable, using resources available as a result of prudence and patience in the past.
Man was born to be rich, or grow rich by use of his faculties, by the union of thought with nature. Property is an intellectual production. The game requires coolness, right reasoning, promptness, and patience in the players.
President Trump is right to welcome China's help in bringing North Korea's illicit nuclear program to heal, but he's also correct that if China doesn't go along, the U.S. can act alone.
The warrior of Light perseveres in his desire, but knows he must wait for the best moment.
We shall not, I believe, be obliged to alter our policy of watchful waiting.
Giap was a master of logistics, but his reputation rests on more than that. His victories were achieved by a patient strategy that he and Ho Chi Minh were convinced would succeed - an unwavering resolve to suffer immense casualties and the near total destruction of their country to defeat any adversary, no matter how powerful.
Sometimes you have to wait for the right deal. They all seem good, at least at first, and they may make you some quick money. But when the right deal comes, and it fits into your [overall] plan, it's just overwhelming success. Sometimes, with the long-term deals, you have to take a risk if you're going to get a reward. It's exactly like fighting. Sometimes you have to take chances to get that huge win.
A great power that uses force far less than vital interests, and that does so frequently or with a short fuse, risks mobilizing other states to join ranks to balance against it.
What I really appreciated about Obama in the last campaign was that he was not reactive, and we're such a reactive culture... It takes a certain strength to be patient and have a plan.
If everything you do needs to work on a three-year time horizon, then you’re competing against a lot of people, But if you’re willing to invest on a seven-year time horizon, you’re now competing against a fraction of those people, because very few companies are willing to do that. Just by lengthening the time horizon, you can engage in endeavours that you could never otherwise pursue. At Amazon we like things to work in five to seven years. We’re willing to plant seeds, let them grow—and we’re very stubborn. We say we’re stubborn on vision and flexible on details.
We have told the Iranian regime countless times, do not confuse President Trump's strategic patience with weakness.
You know, great powers don't get angry, great powers don't make decisions hastily in a crisis.
According to true military art, one should never push one's enemy to the point of despair, because such a state multiplies his strength and increases his courage which had already been crushed and failing, and because there is no better remedy for the health of beaten and overwhelmed men than the absence of all hope.
The art of war is to gain time when your strength is inferior.
Keep a cool head and maintain a low profile. Never take the lead - but aim to do something big.
I could have been very popular if I had launched a military attack on Iran but I chose patience.
during the Iran hostage crisis
One lesson is to not to play desperately if your position is worse but still reasonable. Lashing out wildly in an inferior position usually only hastens defeat. Meanwhile, solid, stubborn defense can demoralize the attacker, make him lose confidence. When that happens, the tables can turn. Keep fighting, stay steady, keep morale high - and public protests are good for all of these things.
The more usual reason for adopting a strategy of limited aim is that of awaiting a change in the balance of force ... The essential condition of such a strategy is that the drain on him should be disproportionately greater than on oneself.
... we are forced into a continuing struggle for a free way of life that may extend over a period of many years. We dare not allow ourselves any false sense of security. We must anticipate that the Soviet tactic will be to wear us down, to exasperate us, and to keep probing for weak spots, and we must cultivate firmness and patience to a degree we have never before required
When you're the underdog, you just lay low and work.
