Feb
26
Documenting the Blogosphere
Feb
26
Everyone wants to get rich.
And for many if not most, the way to get rich is to get into some kind of business.
But what is the best business of all?
Investment, naturally.
Simply ask Warren Buffett!
Needless to say, success such as his is singular for a lot of reasons, not all of which factors are replicable, whether to the same degree or at all, ever – but certainly everyone can invest, and win.
It’s just that this best business of all requires some solid character as well as intelligence.
For beyond the number-crunching of data, beyond perhaps the correct interpretation of information that separates the good from the merely lucky, what’s needed is character.
Yes, character.
Looks odd to speak of making money and character in the same breath, but, as many who’ve “been there and done that” can confirm, eventually, the distingushing feature is the intangible one of character.
Not in the sense of morality, necessarily, but certainly in the perception of “nature,” as in the nature of a person, his or her purely natural personality, who the person is at the core.
Therefore, though being the best business of all since in investing your money is helping you instead of you being employed by money, after getting up to speed in the field, after realizing all there is to know about how stuff works in the world of securities, there is the issue of character, of personality.
Without the proper character, investing becomes speculation, a crapshoot – and as professional gamblers know, the house always wins.
Given the required time, any money earned shall be earned back: lost.
Whereas in investing, given sufficient time, any money lost will be earned back – and any money gained, with gain anew, only exponentially!
So what are you waiting around for?
Start reading now.
“Bone up” on your sound business principles – but most importantly, look to the illustration of Warren Buffett and his mentor Ben Graham for an insight into how character, in conjunction with intelligence and thorough effort, makes for success in the stock market!