Rationality is essential when others are making decisions based on short-term greed or fear, that is when the money is made - Warren Buffett
Quote
“You don’t need a rocket scientist. Investing is not a game where the 160 IQ guy beats the guy with the 130 IQ.” The size of the investor’s brain is less important than his ability to detach the brain from the emotions. “Rationality is essential when others are making decisions based on short-term greed or fear. That is when the money is made.”
Author
Warren Buffett