Top 10 Lessons From "Richer, Wiser, Happier" by William Green
1. Think in probabilities
Learning to think in terms of probability will benefit you more than any investment book.
One of the best mental habits you can develop is a dispassionate examination of the facts and probabilities.
Learning to think in terms of probability will benefit you more than any investment book.
One of the best mental habits you can develop is a dispassionate examination of the facts and probabilities.
2. Education
Studying investing is not only about learning how to make money, but learning how to think and make decisions
Studying investing is not only about learning how to make money, but learning how to think and make decisions
3. Learn and copy from others
People have a bug in their DNA that makes them feel bad about stealing the best ideas from others. DONโT!
Take the best ideas and personalize them to your personality and context.
Make the most of any principle that is correct.
People have a bug in their DNA that makes them feel bad about stealing the best ideas from others. DONโT!
Take the best ideas and personalize them to your personality and context.
Make the most of any principle that is correct.
4. Confidence
You must be self-assured, willing, and unconcerned about what others think.
You must be willing to be lonely, different, and misunderstood for extended periods of time.
These investors would rather win and be correct than follow the crowd.
You must be self-assured, willing, and unconcerned about what others think.
You must be willing to be lonely, different, and misunderstood for extended periods of time.
These investors would rather win and be correct than follow the crowd.
5. Greater Power
The future is constantly changing, and it is your job as an investor to prepare as thoroughly as possible, in order to make the best decision possible.
Be humble and aware that you will never be immune to forces greater than yourself.
The future is constantly changing, and it is your job as an investor to prepare as thoroughly as possible, in order to make the best decision possible.
Be humble and aware that you will never be immune to forces greater than yourself.
6. Patience
Don't be in a hurry to become wealthy.
The key is to be safe and limit your losses.
The gains will look after themselves.
This is the process of creating long-term wealth.
It's all about surviving the troughs.
Don't be in a hurry to become wealthy.
The key is to be safe and limit your losses.
The gains will look after themselves.
This is the process of creating long-term wealth.
It's all about surviving the troughs.
7. Nomadยดs study
Pursue quality in your investing, decision-making, and life.
The goal of Nomad was not to make money, but rather to conduct a metaphysical experiment to see if pursuing quality would work.
Pursue quality in your investing, decision-making, and life.
The goal of Nomad was not to make money, but rather to conduct a metaphysical experiment to see if pursuing quality would work.
8. Habits
Time is the enemy of bad habits and the friend of good habits.
Don't let the pursuit of perfection become the enemy of the pursuit of the good.
A good enough habit that you practice is far superior to a perfect habit that you do not practice.
Time is the enemy of bad habits and the friend of good habits.
Don't let the pursuit of perfection become the enemy of the pursuit of the good.
A good enough habit that you practice is far superior to a perfect habit that you do not practice.
9. Luck
There is risk, cyclicality, probabilities and playing the odds.
Understand how big of a role luck plays in your success.
There is risk, cyclicality, probabilities and playing the odds.
Understand how big of a role luck plays in your success.
10. Purpose
Being rich consists of money, happiness, and peace of mind.
Use your wealth to help and serve others.
Being rich consists of money, happiness, and peace of mind.
Use your wealth to help and serve others.
Thanks for reading๐
3 Skills You Get Here For Free That Can Change Your Life:
๐ง Lift Yourself Up
๐ Build Yourself An Audience
๐ Sell Without Selling
โ Honored by your follow
@ReiniLackner
3 Skills You Get Here For Free That Can Change Your Life:
๐ง Lift Yourself Up
๐ Build Yourself An Audience
๐ Sell Without Selling
โ Honored by your follow
@ReiniLackner
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