Read Mr. Koon Yew Yin’s write up posted by MalaysianFinance: Can you become a super investor?
He argued that we have nothing to lose if we aim to be a super investor. The bad news is you got to be genetically coded to be a super investor. But the good news is even we fail to be a super investor, we’re still going to be better than average Joe.
He said there are seven traits to be a super investor and I am going to rate myself as honest as possible. After having a pack of whisky certainly helps.
Trait #1: Be a contrarian investor. B to B+.
Making a big bet when an opportunity shows up. C.
Trait #2: Obsession in playing the game and wanting to win. B+
Trait #3: The willingness to learn from the past mistakes. C
Trait #4: An inherent sense of risk based on common sense. C+
Trait #5: Confidence B-
Trait #6: Clear thinking. B-
Trait #7: The ability to live through volatility without
changing investment thought process C +
Overall. B – or C ++
Remark: Hopefully this failed super investor will at least be a better investor. :)