The stock market is a no-called-strike game. You don’t have to swing at everything — you can wait for your pitch. The problem when you’re a money manager is that your fans keep yelling, “Swing, you bum!”
Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), at the Berkshire Hathaway Annual Shareholders Meeting (May 3rd, 1999)