In investing, Warren Buffett is a household name, isn’t he? What makes Warren Buffett great isn’t only his dazzling net worth of $71 billion, but also how he differentiates from most investors.
Creating your investment portfolio for the long term doesn’t sound that hard, does it? Except for the fact that most investors fail to do so. They lack self-discipline and patience to invest successfully in the long run.
While it’s good if you are making mistakes in investing and learning from them, but won’t it be better if you could learn the same lessons from other people’s mistakes? So, learn from the important investment lessons that I wish I had learned earlier.
Wouldn’t you be fascinated if someone provided you with Get Rich Quick Scheme? For me, that someone wasn’t from my family or my friends, but rather from a movie. Back in Grade 11, I watched The Wolf of Wall Street for the first time (I have watched it four times in total). I was astonished to see such a brilliant display by Leonardo Dicaprio. But even more astonishing was that the movie showed him getting rich within a very short time span.