A vital characteristic of successful investors: Grit
klementoninvesting.substack.com
Let’s admit it, the financial industry pays investment professionals quite well and this is one reason why so many young people are attracted to the profession. It isn’t necessarily a passion for markets and investments and more the ability to make lots of money. Especially in bull markets these two things can very quickly become mixed up in the mind of young professionals. But in a bull market, it is easy to make money. It is only when things go wrong that you start to see who is really passionate and who is just trying to make money.
A vital characteristic of successful investors: Grit
A vital characteristic of successful…
A vital characteristic of successful investors: Grit
Let’s admit it, the financial industry pays investment professionals quite well and this is one reason why so many young people are attracted to the profession. It isn’t necessarily a passion for markets and investments and more the ability to make lots of money. Especially in bull markets these two things can very quickly become mixed up in the mind of young professionals. But in a bull market, it is easy to make money. It is only when things go wrong that you start to see who is really passionate and who is just trying to make money.