“A lot of people with high IQs are terrible investors because they’ve got terrible temperaments. You need to keep raw irrational emotion under control.”

Charlie Munger,
Vice-Chairman, Berkshire Hathaway

When Led By Emotions Investors Can Be Their Own Worst Enemy

The Benefit of Keeping
Emotions in Check

Hypothetical Growth of $10,000 Over 20 Years1

Investors who kept their emotions in check have
built nearly twice as much wealth.



1 See endnotes for a description of this chart.

Ways to Keep Emotions in Check
and Improve Returns



Disregard Market
Forecasts

Be Patient

Consider Investing
When Feeling Fearful

Don't Jump In & Out of the Market

Tune Out Daily
Market Drama

Work with a Trusted
Financial Advisor

Keep Emotions in Check


“As stewards of our shareholders’ savings, it is important to share the wisdom we have acquired over more than half a century of investing.”

Chris Davis
Portfolio Manager and Chairman