How Warren Buffett Successfully Invests
2. “Avoid Being a Compulsive Buyer and Seller of Stocks”
Buffett has long and in-depth knowledge of the stock market and has a pretty good idea as to how stock markets function. So, when he says to not be a compulsive buyer and seller of stocks, we should pay attention. Buffett stresses upon the fact that patience is the key virtue in succeeding in the stock market. In other words, we should be patient with our portfolio and not go on a buying or selling spree. The best time to strike is when the stocks of reputed companies become undervalued and become fit enough to be bought.
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