You don’t have to be a genius to be an investor, is something that Warren Buffett has said many times. However, there are things that he thinks are core qualities of successful investors.
So, what is it that Warren Buffett thinks is essential? Discipline.
“What we do is not a complicated business.” Buffett explained at the 2018 Berkshire Hathaway Annual Meeting. “It’s got to be a disciplined business, but it doesn’t require a super IQ, or anything of that sort.”
Buffett’s full explanation on being a disciplined investor
© 2021 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.