Especially when you are young, it’s rather about compounding knowledge than money. The kind of money you make when you are very young makes it hard for students to succeed in stock investing. But, perhaps, at such a young age, it’s more important for you to create a foundation by compounding knowledge generate meaningful cash flows. A lot of successful people have started out by creating their own profitable assets, and have later used that as a stepping stone to intelligent stock investing.
“Read 500 pages like this every day. That’s how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it.”
Knowledge builds up like compound interest, knowledge gives you an exponential return. Just like a financial investment, the more you invest in your own knowledge, the more you’ll get in return. There’s a ton of free information out there you can use to increase your knowledge and better yourself, so get out there and get curious.