The Psychology of Money

There is no other field where this is even possible. People of secretary s are not inventing rocket ships. And yet a legion of everyday investors have out performed the brightest mines on wall street. So much of what matters in investing over the long term is not what you know, it's how you behave and behaviour can't be taught. Behaviour is inbred. Not all of it is born and inbred. I think some one, mike grace, was born with a personality and ad a disposition that favored a patience and long termed thinking. That kind of a, ouknow, that in itself, is a form of luck. But i thinkis definatly much more