When Buffett was young, he helped his sister buy stocks, purchasing around $38 per share, which then dropped to $26, resulting in a 30% loss.


Buffett was sure that this investment was only a temporary loss and that the stock price would definitely go back up, but he couldn't stand his sister's occasional complaints.
Eventually, when the stock price returned to the cost basis, he had had enough and decided to sell.
Since then, the stock price has risen all the way up, breaking through $200.
If someone views investing as simply buying and selling, they will never earn the big money that the market offers.
The hardest part of investing is not stock selection or timing, but holding on, enduring volatility, and persevering through emotional challenges.
What defeats us is never market declines, but our own anxiety, others' urging, and that restless heart eager to recover losses and afraid of floating losses.
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