What makes a good investor?
Here are 7 traits common to the best investors I know ๐
โ They think long-term (5, 10 or even 20 years).
โ They ignore the constant noise of social networks.
โ They invest in few assets but with solid convictions.
โ They have a mind of steel and unshakeable patience.
โ They're not looking for the next nugget x100.
โ They take a passive approach to investing (buy & hold).
This is the exact opposite of what most people do:
โ They think short-term (a few weeks, months or a cycle).
โ They spend their days scanning social networks.
โ They invest in too many assets without real convictions.
โ They give in easily to FUD and FOMO.
โ They chase the next nugget that will make them rich.
โ They're hyperactive and try to time the market.
Some succeed despite this, but these are the exceptions.
Most will lose their money and blame the market.
A small number will question themselves and, with hard work, become better investors in the future.
