Prove Your Manhood, Through Investing

It is easy to regard investing in public international markets as some sort of validation and confirmation of your abilities and aptitudes.

How in tune are you with the latest artificial intelligence and technological breakthroughs. How in tune are you to any of the other latest fads and trends to grip the world (such as blind box labubu dolls)?

Are you on top of the latest global developments to the extent that you can invest and make money in them? Are you better than everybody else in the world??

Must you invest in anything and everything that comes by and attracts your attention...

Poor Charlie's Almanack, and Circles of Competence

In the abovementioned book by Charlie Munger, investors are taught to stay within and then subsequently increase their circle of competence. Nobody needs to know everything, as and when they occur. Instead, investors are taught to develop a skepticism, for example, towards the latest passing fads and trends (and therefore to be more patient about investing in the latest technologies).

Avoiding believing and therefore being carried away with the latest growth story, is a crucial temperance to develop as you make your way in the investing journey.

The book is available at various sources, including:

• Kindle Amazon USA

• Audible Amazon USA

• Kinokuniya Malaysia as a hardcopy.

Not Investment Advice

Are you interested in beginning your investing journey?

Poor Charlie's Alamanck is a good place to begin.

You may or may not find the book heavy reading, and therefore we would encourage you to discuss the book extensively.

You could discuss the book here - leave a comment, question or like in the space below!