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Uptown   . Mar 06 2010 20:10. Posts 3557
The secret to your financial success is inside yourself. If you become a critical thinker who takes no Wall Street "fact" on faith, and you invest with patient confidence, you can take steady advantage of even the worst bear markets. By developing your discipline and courage, you can refuse to let other people's mood swings govern your financial destiny. In the end, how your investments behave is much less important than how you behave."

Taken from the introduction of "The Intelligent Investor" by Benjamin Graham. (the words are those of Jason Zweig)

If you exchange Investing with Poker, then you'd think this was written exactly for the poker player!
Patience, cold-hearted analysis, tilt-control, and not taking any "fact" for granted and putting in the hours to truly understand *the game* is what it takes to succeed in either field.

LP

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Half Pot! 

vegable   United States. Mar 06 2010 21:38. Posts 2453

hurray for patience!

Stir fry Normandy 

lachlan   Australia. Mar 06 2010 22:40. Posts 6991

i can't wait to have some patience [attempt at a pun]

full ringLast edit: 07/03/2010 00:43

EscapingR   Netherlands. Mar 07 2010 00:29. Posts 2353

there is a difference in knowing the path and walking the path


Uptown   . Mar 07 2010 00:59. Posts 3557

but to walk the path one must first know the path to follow!

Conviction is the first creation - discipline is the second~

Half Pot!Last edit: 07/03/2010 01:00

 



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