It is tempting to overload the conversation by quoting statistical models and technical terms when discussing investments. However, investment decisions should mostly rely on sound judgment and basic arithmetics. While some investors prefer rapid trades and short-term gains, others adopt a more patient and disciplined approach. I find solace and clarity in looking into timeless farmer’s wisdom to better understand investing principles.
You might have read phrases such as:
- Dig your well before you are thirsty
- You reap what you sow
- You sit in the shade today because someone planted a tree a long time ago
Farmers possess a unique set of qualities and practices that apply to the world of finance. Warren Buffett himself often suggests investing like a farmer.
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Alessandro Baroni
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► Top 6 Recommended Books:
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02) Fooled by Randomness. amzn.to/3ki2NaA
03) The Money Code. Become a Millionaire with the Ancient Jewish Code. amzn.to/3CZes4H
04) Just Keep Buying. amzn.to/3kn7Czv
05) Early Retirement Extreme. amzn.to/3CZ698O
06) The Psychology of Money, amzn.to/3WZkCZT
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► NOTES:
- The original interview has been edited for time, reach, and educational purposes.