Prioritizing long-term gains over short-term fluctuations, often targeting companies in sectors with lasting growth potential. Margin of Safety:

: Successful investors maintain a long-term perspective and avoid impulsive decisions driven by short-term volatility.

. It serves as an updated and expanded reappraisal of Train's earlier classic, The Money Masters , adding new profiles and contemporary revisions. Amazon.com Key Investment Philosophies

What separates a legendary investor from the average trader? In his classic, Money Masters of Our Time , author John Train dissects the philosophies of 17 financial titans to find the common threads of their success.