The basis of all learning lies in the Questions. If you are hungry for knowledge, the first thing you will have in your mind is a question.
If you have kids at home, you would know what I mean. You are subjected to a constant barrage of questions on anything and everything. Kids are hungry to know more and more about the world and things around them. Questions is their way. A why, what, how, when, where.
Socrates, the Greek philosopher, had a method, famously called the Socratic method, where a series of questions were asked to delve deeper into the issues at hand. Questions is what he emphasised on.
Questions or Answers
Someone did say, “the questions are more important than the answers“.
The aim of questions is to provoke your thought process which can then lead you to seek possible answers.
The answers may not be available to you now, may be not in the near future too. But as long as you keep asking and looking, they will appear, sometimes almost magically.
Questions to you – the thinking Investor
Coming to the topic of investing and behaviour that leads to investing success, I ask you these 5 questions. Let me remind, the purpose of these questions is to get you to think. And when you read these questions, read them without bias and think about them without any bias.
You would like to spend at least a couple of minutes on each one of them.
Here we go.
Is my investment portfolio a reflection of what is important to me?
How much risk can I tolerate in my investment portfolio? How much is actually required?
How does each of the investment in my portfolio bring unique value?
What factor accounts for over 90% of my investment portfolio returns?
What will I do after I have retired, financially?
No prizes for any answers here. The clarity in your own mind will be your biggest reward.
With clarity, you will achieve the true alpha, a life of difference.
If you would like, do share your thoughts on these questions in the comments or as a reply to this email. I await for them on the other side.