There are three crucial things to analyze and evaluate as an investor before investing even a penny. Most investors don’t do this and instead fail to understand risk and reward correctly, making poor decision after poor decision because the key to understanding risk and reward lies in the third point.
Last week I discussed some very important things, not the least of which was how to get rock hard abs. Equally as important is how asymmetry builds in nature and in financial markets. Today I wanted to continue the discussion. A question posed by a reader prompted me to think about
Risk, as I mentioned on Tuesday, is not only integral to any healthy functioning economy. It’s a simple fact of life which often goes unnoticed; until it is forced on you like a Watchtower pamphlet from a Jehovah’s Witness. In response to my earlier post on risk I received a
“The person who risks nothing, does nothing, has nothing, is nothing, and becomes nothing. He may avoid suffering and sorrow, but he simply cannot learn and feel and change…” Leo Buscaglia nailed it with the quote above. Ask any friends, colleagues or contacts you know who’ve enjoyed success about risk.
It’s over a decade ago now that I first began stomping around Asia and Southeast Asia in particular… longer actually but I prefer not to age myself. At first it was simple fun and adventure – a pretty girl at my side, and the very real fact that I had
Gratitude… It’s more than simply being thankful for what one has. It is, I believe a core attribute for success…a necessary ingredient if you will. One of the great advantages to actively investing directly into private businesses, is that over the years I’ve managed to obtain insight into hundreds of businesses, and
“Contact me ASAP. I’ve got a great deal that I really think you should to take a look at. The guy behind this is one of Canada’s wealthiest men. He’s very well-respected and if you guys are quick I think you can nail this deal.” Mark had received the message