If you are not willing to endure pain, you cannot get the gain.

Investors
Mark Mobius
Born in 1936 as a German American, died April 2026. Mark Mobius led emerging-market equity investing at Franklin Templeton for over 30 years and earned the title 'father of emerging-market investing.' He visited more than 40 countries a year, insisting on on-the-ground research, and fundamentally rewrote the conventional wisdom that international diversification meant developed markets only. A true pioneer of frontier markets.
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Mark Mobius's Other Quotes
To buy when others are despondently selling and to sell when others are avidly buying requires the greatest fortitude and pays the greatest ultimate rewards.
There is no substitute for personally visiting companies and their countries.
The best time to invest is when you have money. The best time to sell is when you need money.
Related Quotes
I think the key to investing is having a strong stomach and being patient.
-- Bill Ackman
Bodily pain does not last without limit; intense pain is brief in duration.
-- Epicurus
Patience is bitter, but its fruit is sweet.
-- Hideyo Noguchi
The experiments proceed slowly. At first a certain amount of patience was needed, but I soon found that matters went better when I carried on several experiments simultaneously.
-- Gregor Mendel
Let me tell you the secret that has led me to my goal. My strength lies solely in my tenacity.
-- Louis Pasteur
The cowards never started and the weak died along the way. That leaves us.
-- Phil Knight