Investing as a business

Investing is the best business there is.

You have no customers, no suppliers, no employees and complete location independence.

Just like a regular business however, it takes time, effort, grit, knowledge, execution, time, adaptability, patience, persistence, perseverance and capital.

That’s a lot, I know.

Just like regular business however, you have the possibility of failure.

Success and failure are a function of luck and skill.

However, as you gain more experience and knowledge, you can learn how to tilt the odds of success in your favor.

You just need to focus on ROI and allocate your capital intelligently in the best opportunities available for your capital.

Successful businesses spend their time thinking about the intelligent allocation of resources. They focus on income, expenses and the amount of resources to allocate them at their best use.

The most important thing is to stay in the game, keep improving, but play on your own terms. Keeping up with the Joneses is a sure way to the poorhouse. Focus on your goals and objectives, not the others. You are your own best friend and enemy as well. Managing emotions through the ups and downs is a very important part of the game long-term. Quick buck artists come and go, but if you get dazzled by their short-term brilliance, you may end up paying a steep price. On the other hand, staying put for too long on something that doesn’t deliver can also be dangerous. You need to keep improving, and keep fishing where the fish are.

There are times when a strategy works great, and prints money beating everyone else at the game of investing.

There are times when a strategy works poorly, and seems like it is going out of style.

Just like in regular business, your goal is to manage capital prudently, and make sure that you push profits when the tide is in your favor, and limit losses when it doesn’t.

I know that’s a lot of words, which may seem nice, but also open to interpretation.

How do I manage my business?