The Importance of Self Knowledge in ADHD

So when I looked at all the mutual funds, I would find like 80, 90% of them did worse than the index. And so I had a notion, I said, if somebody just follows Buffett's approach to investing of just being understanding the business, making a decent bet, sticking to it, understanding intrinsic value, circular competence and so on, one should be able to do better than the professionals. So that theory really has no merit till there's some roof or execution behind it. And in 94, I had sold a portion of my company after taxes that had $1 million. And I really didn't need the money. The company was doing well and it was the next row, 1 million. First time I had money in the bank. And so I said, okay, I'll take this million. I'll start investing it using Buffett's frameworks. I was going to buy like 10 stocks, 10% bets. And I want to see what happens, you know, and as my day job, I'm still running my IT company. And in about five years, that million has turned into 13 million. And basically the, it was like a, you know, 70% analyze rate of return. It exceptionally well. So I said, well done Monish, we knew you could do this. And I was probably spending like maybe 15, 20 hours a week on investment research and analysis. And I was spending probably 40 hours, 50 hours a week on my business. And I was getting less and less interested because my, what had happened with the IT company was it was up to about 150, 170 people. My job had turned into human resource management. I was basically just managing bunch of political games played by a bunch of vice president. And I had no interest in that.

486 | How to Learn Emotional Regulation with Vanessa Gorelkin

ADHD reWired

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