The world’s best investors are special in many ways and it’s difficult to count all of their skills and abilities. They are also not all the same and each one of these individuals has his own peculiarities. However, there are a few traits common to all of these finance experts and we will explain them here one-by-one:
THEY ARE LIFELONG LEARNERS
Great investors are lifelong learners. They know that information plays a key role in business and don’t want to fall behind their rivals. According to some sources, Warren Buffett used to read up to 1,000 pages a day when he was beginning his investing career. The knowledge they possess is their greatest strength.
Past success doesn’t count in investing, so they have to stay up-to-date and learn everything they can about their industries. But this passion for knowledge is not strictly professional – they also tend to learn a lot about the world in general, politics, and history. Everything they know helps them to make smart decisions when it matters the most.
THEY ARE TIRELESS NETWORKERS
You’ve probably heard that powerful people have powerful enemies. While this phrase really is true, it is also important to notice that the best investors have many friends as well. This way, investors are able to gather information, understand new trends in business, and react quickly.
They never stop expanding the network of professional acquaintances because it helps them to preserve their financial empires. They are never so lazy to avoid an event or skip the planned round table meeting. They are active 24/7 and nothing can stop them from growing their influence in their industries.