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Tackle Today: The Secret to Being a Successful Investor

May 16, 2019

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The Secret to Being a Successful Investor - illustration by Keith Haring
Illustration by Keith Haring (1958 – 1990)

≈ Now finally revealed. ≈

Forrest Tucker: If I ever wonder what I’m doing or where I’m going, I just think of myself as that little kid I was. Now, would he been proud of me?

JewelSo is he proud of you, that little boy?

Forrest TuckerWell, he’s getting closer every day.

— The Old Man & the Gun, 2018 —

For you, what is the definition of success?

For me, a plausible definition, one that I can easily understand and take further action to correct my own trajectory, is the one depicted in the dialog between Forrest Tucker (Robert Redford) and Jewel (Sissy Spacek) from the movie “The Old Man & The Gun”. If the kid you were at 12 is proud of you today or getting closer every day, that’s it. The rest is just that, the rest.

So, what’s the secret to being a successful investor? What do you have to do NOW, to quickly become a successful multimillionaire?

The secret is that there is no secret. There is no shortcut. No algorithm. No witchcraft. The financial market is a place reigned by randomness, and uncertainty and the path to a wealthy future is a long and winding road, just like life itself.

Being successful both in life and in trading requires more or less the same process. In that sense, the financial market is a metonymy of the social interactions we meet day in, day out. The human nature is perfectly represented there: in hopes to improve our wellbeing or to get closer to the higher purpose we are looking for, we engage in voluntary exchanges. There is hope in the mixture, but also high doses of fear and greed.

Our soul has its own ancestors. We are lived by powers we don’t even understand. The will to get somewhere must be greater than the pain we have to endure to get there. The goal is not the destination, but the path itself. That’s where the success lies.

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