Here is part two of Investing Haiku:
Don’t overlook people
Projections soon become moot
People steer the ship
Great investors read
They are never not reading
Stay curious all the time
Capital compounds
The eighth wonder of the world
Proven by Buffett
Staying power is crucial
Pessimism can run wild
Avoid forced selling
Optimism often pays
Avoid being a permabear
This will destroy wealth
The world is non-linear
It cannot be modeled
Do not forget this
Strong pricing power
So important for investing
Find those businesses
Find imbalances
They will correct at some point
The question is when
Money is stored labor
Keep thinking of it that way
Honor that labor
Don’t let money own you
It should be circulated
Keep it by giving it
Avoid scarcity
See abundance everywhere
Attitude is key
Desire what you have
Don’t envy what you desire
Your cup is very full
Everything changes
Always look on the bright side
Be optimistic
Knowledge is power
The world is very noisy
Finding signals is the key
Uncover blindspots
Know what triggers you and why
Slay those dragons now
Find beauty in all
Investing can be artful
Craft your masterpiece
Focus on habits
This can’t be overstated enough
We are our habits
Please follow your bliss
Put your money in service
For you and others
Grow passive income
Assets will then work for you
This expands freedom
Rough seas will occur
Have life vests to be prepared
Focus on the downside
Can’t buy me love
Only the heart can find love
Don’t ignore your heart
Over to You:
When you say so little yet mean so much the Haiku is complete. The same applies to investing, the premise behind true wealth doesn’t have to be a complex algorithm or formula. In in Chapter 20 of my book, The Philosophical Investor – Transforming Wisdom into Wealth, I defined what makes someone wealthy as:
An individual possesses wealth if he or she has the wisdom to avoid catastrophic errors, the hunger to look within to correct and grow from mistakes, the resources (financial, physical, and emotional) to recover from setbacks, and the courage to seize opportunity, and through it all is able to experience life with love, compassion, joy, and wonder.
Any questions?
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