Underrated and less talked about skills for investors:

  • Courage
  • Patience
  • Compassion
  • Diligence

Courage allows us to trust what doesn’t make sense.

Patience gives us the wherewithal to let things unfold.  “This too shall pass.”

Compassion keeps us from getting frustrated, angry, cynical, and at a loss when the story doesn’t go as expected (it almost never does).

Diligence is what gives structure to cultivating the above three. 

Some of the biggest investing mistakes are made from seeking certitude and being frustrated that we can’t find it.


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