Patience, An Investors Virtue

Patience is one of the most difficult skills to
learn as an investor and trader. The best investors
and traders understand the importance of patience.
One of Warren Buffett's rules of investing is:

"The Stock Market is designed to transfer money
from the Active to the Patient." The best returns
come from those who wait for the best opportunity
to show it self before making a commitment. Those
that chase the current hot stock are destined to
loose more than they gain. Remain active in your
analysis looking for quality companies at discounted
prices, but be patient waiting for them to reach their
discounted price before buying."