What is the one crucial skill that all elite investors like Warren Buffett and George Soros share? How would you like to learn it in just 10 minutes… for free?
There are foolish risks that millions of investors take every day, and most of the time they end up causing expensive mistakes. Elite investors don’t make these kinds of mistakes.
It’s not that they completely avoid taking risks. In fact, they take far more risk than the average investor. But they take the right kinds of risks – ones that grow their accounts month after month, and year after year.
The crucial skill that top performing investors have is self-awareness. People like Buffett and Soros are brutally and relentlessly honest with themselves about their beliefs and behaviors as investors. They know their strengths and their limitations. They know the mistakes they tend to make repeatedly, and they take steps to correct this behavior.
Without this skill, it’s almost impossible to know what your most profitable investment strategy is. And the stock market is an expensive place to find out through trial and error.
Do you know which kinds of investment risks you should be taking, and which you should avoid? There are some risks that you are well-suited for, and others that you should avoid. Each investor has an ideal combination of risk preferences and capacity for taking the right amount of the right kinds of risk. It takes self-awareness to know how to deal with this issue.
Are you being properly rewarded for the risks you are taking in the market? Do you know to make the kinds of decisions that the best investors make? It all begins with an honest assessment of who you really are as an investor.
I urge you to invest 10 minutes of your time and take the Investor Personality Questionnaire that’s available for free on my website. There are two immediate benefits you will get when you take it. First, the questions will cause you to think about your investment process in a completely new way. This almost always leads to new insights and unexpected discoveries about the way you think and make investment decisions. This alone is worth the 10 minutes of effort.
But even more valuable is the fact that I will read and evaluate all of your answers, and send you a personalized report that you can keep with no further obligation. The report addresses important aspects of who you are as an investor. It covers your capacity for risk taking, your grasp of basic investment concepts, and how well your investment strategy matches your stated goals and objectives.
The feedback I’ve received from people who have taken the questionnaire has been overwhelmingly positive. Why don’t you give it a try? You will probably learn a thing or two about who you really are as an investor – and that can be very valuable indeed.
To take the free Investor Personality Questionnaire, click here.