Four Basic Traits of Successful Investors

From Pragmatic Capitalist.com via The Big Picture blog.

1. They look at objective indicators. Removing the emotions from the investing process, they focus on data instead of reacting to events;
2. They are Disciplined:  The data drives decision making with pre-established rules. External factors do not influence them;
3. They have Flexibility:  The best investors are open-minded to new ideas, or revisiting previous thoughts;
4. They are Risk adverse: Not always obvious to investors, it is a crucial part of successful investing.

Link:  Pragmatic Capitalist.com: Ned Davis Four Basic Traits of Successful Investors.