The layers of the brain manifest in everyday life.
They affect our emotions.
The questions we ask.
The choices we make.
And impact our finances…
James Clear recently defined grit.
"It’s the perseverance and passion to achieve long–term goals".
As a graduate from the Royal Military Academy Sandhurst – this area fascinates me.
Mental toughness can be the difference between success and failure.
Financial, or otherwise.
You can’t get away from social media.
It’s become part of modern life.
But it holds particular dangers for investors.
“Any fool can make something complicated. It is hard to keep things simple.”
Said Richard Branson.
Da Vinci called simplicity “the ultimate sophistication.”
But simplicity is hard.
I see this struggle every day.
I’ve talked about them a lot recently.
They’re virtually unknown.
But likely represent a golden opportunity for any investor.
So, what’s the big deal?
My 10-year old daughter recently asked me a question.
It caught me off guard.
“Dad, how much money is enough?”.
Recently I received a pearl of wisdom in my inbox.
It was from Dan Solin, author of the Smartest series of investing books.
It was an observation.
One which has major ramifications for investors.