Daily Archives: March 2, 2017


Investing Is More About Emotional Control Than Technical Skills 1

One question I keep getting asked is ‘what is the most important skill to have as an investor.’ Many people think the answer is something technical like great analytical or quantitative skills. But the answer is much more simple than that; in theory. The most important skill in my opinion is the ability to keep your emotions under control. The ability to keep your head in check when the world is going mad. The ability to think rationally. All the great investors, from Buffet to Templeton to Munger to Klarman understand this and that is why they are truly great. In down markets, they keep their cool by not selling […]