Wealth creation – art or science or something else?

Wealth creation?

Is it an artful scientific process? 🤔

Well, I’m never sure of this even after spending almost 23 years in the line

But….some skills to become a reasonably successful investor (in any asset class) are below –

Basic Math

Thorough in History (related)

Expert in Human Behaviour (patterns)

Tremendous clarity of thought (in understanding things)

Heights of patience & discipline

Assumptions to be made, which reasonably turn in our favour

Avoiding extreme positions of thought in both Fear & Greed

Action out, don’t ever sit on the wall

Tonnes of Luck in our favour

😌

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