Rule du Jour: Rule #89 - Your portfolio is a Mirror of your Mind (Patreon)
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Rule #89 - Your portfolio is a Mirror of your Mind
Upgrade your mind relentlessly—always read, always learn, and always anticipate the next big thing. Prepare for it, rotate your portfolio into that emerging asset class, and once it's mainstream, gear up for the one after. I also call this #ABL Always Be Learning.... do not let a day pass without learning something new.
A sharp, adaptive mind is your greatest edge in the markets. Read more than you react.
A few quick tips that I always keep in mind, excuse the pun:
Mature the mind first
Make sure you are always getting smarter, or else your portfolio will suffer
Don’t just absorb info, make sure you understand it. When you understand something, you have conviction, which helps you invest hard in future winners!
Follow the smartest capital allocaters - not pumpers on X
Listen to the smartest people
Learn across all disciplines — psychology, biology, history, economics as this will help you identify the next big thing
Write down your learnings…. Helps you remember them. I actually re-read a lot of my posts here
Find the signal in the noise- ignore 99% of the info.
Get wise slowly.
Stay Curious…. Always ask the Why!