Investing requires two things: the patience to wait for the long term, and the courage to act decisively when an opportunity arises;

When an opportunity is right there in front of you, don’t keep second-guessing yourself and dragging your feet. Patience isn’t always an advantage, nor should it become a shackle. In this line of work, nothing is more dangerous than getting trapped in endless self-doubt.

When you can’t make sense of things, set them aside for a while and keep observing. But once the situation becomes completely clear, don’t just wait around indefinitely. When the moment to act comes, act decisively.