Successful investors are said to spend a lot of their time being lonely!

In short, there are two primary elements in superior investing:
• seeing some quality that others don’t see or appreciate (and that isn’t reflected in the price), and
• having it turn out to be true (or at least accepted by the market).

It should be clear from the first element that the process has to begin with investors who are unusually perceptive, unconventional, iconoclastic or early. That’s why successful investors are said to spend a lot of their time being lonely.

Successful investors are said to spend a lot of their time being lonely!