Good trader or a Good Human Being.
Well to some extent i disagree,that being successful in this business is for good human being's.
Consider this when someone looses money in Futures and forex etc the other person gains,it's a zero sum business,another mans loss is someone's profit.
Maybe he couldn't eat food that night because of his loss consider this.
Well a good human being possesses,patience and ability to lean and learn that is why he has traders traits,but a bad human being is filled with ego(how come he knows more than me etc etc).
so here to some extent it's the truth.
But I believe every human being who is good can become a trader,but not every good trader is a good human being,so there is a clich'e here.
As per Mr Buffet he is the student of Mr Benjamin Graham,who says never buy stock on market hype check it's intrinsic value.
So if he was a smart person to buy Berkshire Hathaway's share at the time when all indices were fell, so i don't think he did something amazing.
Well what could you expect at the end of a bear Market, Smart money to make a move right, i wouldn't pay a 110 $ a share which gives 2 $ earning but will prefer a 10 $ share with 3 $ earning.
Then again it's dollar cost averaging when you know price is falling still intrinsic value reigns, so why not buy as everyone sells.
Market is there,Market doesn't care who is good who is bad,but a good skilled person,knows what he is doing,if he wins he fulfills his responsibility towards society.
"Are Bhai Paisa Kabar Main Le Kar Jaoge Kya"
Then again a rich man can be very rich, but the difference between a billionaire a trillionaire and a millionaire, is and will, be hardly any in case of lifestyle.
Because in the first Place money was meant to serve a happy life,it doesn't matter you have millions or trillions or a job with 1,00,000 Rs/Month.
So when you become rich,you realise,there are something's money can't buy,for everything else there is Philanthropy.