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Charlie Munger Says, "The Big Money Is Not In The Buying And The Selling But In The Waiting" — High Returns Don't Actually Require High Effort

While Warren Buffett is often cited for his memorable quotes on investing, his long-time business partner and billionaire Charlie Munger has his own share of wisdom to offer. Munger once stated, "The big money is not in the buying and the selling but in the waiting." This sentiment, though perhaps not as widely cited as some of Buffett's lines, holds tremendous weight in the investment world for several reasons. Don't Miss: Until 2016 it was illegal for retail investors to in...
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Source: yahoo.com

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