1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Canadian Value
Canadian Value
Articles (4624) 

Buffett Author Robert Hagstrom On Why Rationality Is Essential To Successful Investing

June 22, 2013

According to those that know Buffett the best, the key to his success is “rationality”.

Charlie Munger, vice-chairman of Berkshire Hathaway and Buffett’s intellectual partner for almost 50 years, has said that Buffett’s “brain is a superbly rational mechanism”.

Buffett's friend and Fortune author Carol Loomis concurs, she has said that “rationality is the single most important trait in his investment success”.

Roger Lowenstein, author of Buffett: The Making of an American Capitalist, wrote, “Buffett’s genius is largely a genius of character— of patience, discipline and rationality.”

Another Buffett author discusses how being rational is a crucial part of investment success below:

About the author:

Canadian Value

Rating: 3.7/5 (9 votes)


Please leave your comment:

Performances of the stocks mentioned by Canadian Value

User Generated Screeners

yesudeep[Insider Buys] Cheap
HOLKLSUTop 20 Group Now Trending Ex-B
x4khalidBelow 10$
ChileCash NetNet
DBrizanALL 20Mar2018 1037p
DBrizanALL 20Mar2018 1000p
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat