If you’re not willing to keep your chin up during the occasional rout, he continued, “you’re not fit to be a common shareholder, and you deserve the mediocre result you’re going to get compared to the people who can be more philosophical about these market fluctuations.” Charlie Munger
For investors, when you have the opportunity to buy assets at a huge discount, it’s important to seize the moment to the best of your ability, and not leave your money sitting on the sidelines while you wait for things to get better, Munger said.
Source: CNBC