Temperament for long-term investing!

One thing common with all great investors like Warren Buffet, Charlie Munger, etc. is their ability to remain invested for the long-term. However, having wrong investment expectations, being returns centric, trying to double money in short-term by looking for stock tips, is a recipe for disaster and it leads to wealth destruction. If you show the resilience and temperament for long-term investing, then you can amass great wealth.