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Warren Buffet ,a legendary value investor, had this speech at Stanford University in 1978 “The success from investment has nothing related to the working hours nor the intellectual .If it might be related to them, it is probably be the inverse relation(IE; working 80 hours per week + IQ 180) However, the success will be depended on the right investment concept and state of mind of the individual investor. The past tell us that investors who have these criteria will be make a lot of wealth from market :
1) They can resist to play any games at any times. They can stay clam. 2) They have a solid mindset. 3) They are interested and have a significant knowledge of the stock market (But they do not have to be a genius) 4) They have a discipline. 5) They stay away from the market enough to not be overwhelmed by the market madness. Do you have some of these qualifications? If you do not have it , you must develop it to be success in value investment. Anyway, if you think you have it at this present, do not slight .You might loose it someday.
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