hengzhongjian68

07.05.2010 um 19:11 Uhr

Most people simply buy investments rather than... 107

Most people simply buy investments rather than first invest in learning about investing A friend of mine, who is a rich woman, recently had her apartment burglarizedThe thieves took her TV and VCR and left all the books she readsAnd we all have that choiceAgain, 90 percent of the population buys TV sets and only about 10 percent buy books on business or tapes on investments So what do I do? I go to seminarsI like it when they are at least two days long because I like to immerse myself in a subjectIn 1973, I was watching TV and this guy came on advertising a three-day seminar on how to buy real estate for nothing downI spent $385 and that course has made me at least $2 million, if not moreBut more importantly, it bought me lifeI don't have to work for the rest of my life because of chanel bucket tote bag that one courseI go to at least two such courses every yearThe reason: I can rewind quicklyI was listening to a tape by Peter Lynch, and he said something I completely disagreed with Instead of becoming arrogant and critical, I simply pushed "rewind" and I listened to that five-minute stretch of tape at least twenty timesBut suddenly, by keeping my mind open, I understood why he said what he saidI felt like I had a window into the mind of one of the greatest investors of our timeI gained tremendous depth and insight into the vast resources of his education and experience The net result: I still have the old way I used to think, and I have Peter's way of looking at the same problem or situationI have two thoughts instead of one One more way to analyze a problem or trend, and that is hermes pink bag pricelessToday, I often say, "How would Peter Lynch do this, or Donald Trump or Warren Buffett or George Soros?" The only way I can access their vast mental power is to be humble enough to read or listen to what they have to sayArrogant or critical people are often people with low self-esteem who are afraid of taking risksYou see, if you learn something new, you are then required to make mistakes in order to fully understand what you have learned If you have read this far, arrogance is not one of your problemsArrogant people rarely read or buy tapesWhy should they? They are the center of the universe There are so many "intelligent" people who argue or defend when a new idea clashes with the way they thinkIn this case, their so-called "intelligence" combined with "arrogance" equals tiffany co earrings "ignorance"Each of us knows people who are highly educated, or believe they are smart, but their balance sheet paints a different pictureA truly intelligent person welcomes new ideas, for new ideas can add to the synergy of other accumulated ideasListening is more important than talkingIf that was not true, God would not have given us two ears and only one mouthToo many people think with their mouth instead of listening to absorb new ideas and possibilitiesThey argue instead of asking questions I take a long view on my wealthI do not subscribe to the "Get rich quick" mentality most lottery players or casino gamblers haveI may go in and out of stocks, but I am long on educationIf you want to fly an airplane, I advise taking lessons firstI am always shocked at people who buy stocks or real knockoff chanel jewelry estate, but never invest in their greatest asset, their mindJust because you bought a house or two does not make you an expert at real estateCHOOSE FRIENDS CAREFULLY: The power of associationFirst of all, I do not choose my friends by their financial statementsI have friends who have actually taken the vow of poverty as well as friends who earn millions every yearThe point is I learn from all of them, and I consciously make the effort to learn from them Now I will admit that there are people I have actually sought out because they had moneyBut I was not after their money; I was seeking their knowledgeIn some cases, these people who had money have become dear friends, but not all But there is one distinction that I would like to point outI've noticed that my friends with money talk about chanel ceramic watches mone

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