It has been known that investing industry is quite challenging in some ways other business isn’t. Investors come from various disciplines and background.
Some investors received a private education and others just learn from experience. Some investors have benefits of a good upbringing and others are gifted with high intelligent.
However, there were those with high IQ failed in investing. Meanwhile, those who didn’t come from business education could strive into investing perfectly and achieved success.
So what makes a perfect investor then? How high your IQ is supposed to be to be undefeated investor?
What to make perfect investor?
Basically, there is no such thing as perfect in life. Everything has its flaws. Even though an investor has reached their success in property business for example, it doesn’t mean they have reached the peak. There must be something they are lack of in some areas.
However, they are good in covering their weakness with their strength or they focus more on their strength instead of weakness.
Therefore, it will be such a waste of time if you keep thinking of how to be a perfect person, perfect parent, or perfect investor. Even though people have their own unique points and their own strategies in achieving their goal to be successful.
There are some similarities between great people you may want to analyse or follow.
The very important point to be a successful investor is how your mind works. Great people focus more on positive thinking instead of negative one. Positive thinking leads you to brighter paths and negative thinking only lead you to hesitance, doubt, and fear.
Thus, the first thing you should fix is your mind. Of course, investing business has risks and weighs you should consider. However, looking only from negative side won’t give you any benefit.
There is no relation between your past professions to your current work in investing. Remember that investor comes from different background.
Not everyone comes from business degree turn out to be a successful investors. Investing is a field where you can learn by doing. It is challenging but it is worthy especially if you have long-term goal.
You also need to remember that IQ does have nothing to do with your success in the future.
Sure it helps you in some points such as in understanding how things work. However, it doesn’t guarantee your success 100%. There are other factors affect your success in the future such as strategies, financial setting, and most importantly, attitude.
It must be more convenient to have brilliant brain but it doesn’t mean you will fail in investing if you don’t have high level of intelligence.
Instead of being a textbook smart type of investor, you can become a clever and savvy investor instead.
This way, you don’t necessarily rely on your IQ but on more practical things such as making strategic plans, improving negotiation skills, and do not hesitate to take advice from the experts.
With work hard and work smart, you can become a perfect investor of your own version.