The best investors in history are people you don’t know and they don’t want to be known. They all share the same traits. They are frugal, humble, honest and independent. They all play the long game and love what they do.
One bird in hand is worth two in the bush. I would rather invest in a few companies with proven or difficult-to-disrupt business models as well as stable growth earnings bought at good prices.
The best investing approach for you is when you can sleep well at night. If it keeps you awake with anxiety, just drop it. It's not worth the trouble and worries.
An average performance with a long runway is more valuable than only a great performance over a few years. Think Buffett’s "Snowball.". But obviously, a great performance over a long period of time is the best.
Don’t take yourself too seriously. You will make mistakes. You will underperform. You will learn along the way. If your approach makes sense rationally, you will do well over time if you are patient and stick to it. It’s simple but not easy.
All the good investors I know share another common trait... an insatiable curiosity. Investing has often become a hobby through which they can learn daily about various topics and thus quench their thirst for knowledge. Without it, you might want to leave the game early.
You must learn to step up your game. You must read and have mentors to learn. Better Investing Academy is the community where you can learn from the best in the niche or space you decide to pick. Build your small network and attend our sessions. It makes the game even more fun.
I help stock investors build wealth
safely and consistently