Conflicting Skill Sets
Yet investing is an inherently social exercise. As a result, prices can go from being a source of informationto a source of influence. Great investors don’t get sucked into the vortex of influence. This requires the trait of not caring what others think of you, which is not natural for humans. Indeed, many successful investors have a skill that... See more
Dan Callahan • Reflections on the Ten Attributes of Great Investors
Being skilled at something doesn’t necessarily mean you can develop a business around it. Thus, have multiple plans and possibilities, and pursue multiple ones simultaneously, instead of waiting for each one to fail before proceeding