My dear boy:
The smartest man I ever knew died broke.
PhD from Harvard. Could calculate compound interest in his head while eating breakfast. Spoke four languages. Had opinions on everything from currency devaluation to quantum physics.
He was also waiting for the "perfect opportunity" his entire life.
Meanwhile, my neighbor Carl bought one duplex in 1987. Lived in half, rented the other. Bought another in 1989. Then another.
Carl barely finished high school. His idea of financial analysis was "Can I make the payments?"
Today Carl owns 47 properties. The Harvard genius owns nothing but regrets.
Here's what I learned: Intelligence is overrated. Consistency is everything.
The boring millionaires I know all did the same thing. They found something that worked (real estate, index funds, a simple business) and repeated it for decades.
That’s not-so-secret secret to getting rich.
Just the same boring thing, over and over, while the smart money chased shiny objects.
Smart people optimize. Boring people accumulate.
Choose boring.
Yours sincerely,
