“I succeeded because I have a long attention span.” – Patience is a virtue, and it is also an asset in the investment game. Most people think that means patiently sitting on some investment forever, waiting for its value to go up. In Charlie’s world it also means sitting patiently on a pile of cash waiting for some great business’s stock price to get beaten down. And it means having the patience to stay focused on looking for a great company selling at a fair price.
