Richer, Wiser, Happier, by William Green, was a thoroughly enjoyable audiobook. I thought it might be a dry investment book, but instead it’s vastly more than a book on investing.
While you will learn the simple but powerful investment tips of the world’s most uber successful investors, Richer, Wiser, Happier: How the World’s Greatest Investors Win in Markets and Life, is more than that. It’s a book on how to invest in your life for the best possible outcome.
And the good news? Whether it’s investing in stocks, or investing in yourself to achieve your best life, it boils down to a few simple principles anyone can employ and enjoy.
How Our Losses Have Become Our Gains
My husband is an successful investor and investment educator. After too many losses through market downturns, bad investment advice and decisions, plus being bilked by more than one “Madoff” character or company, we decided we needed to learn how to invest better, safer and more successfully.
Nothing like losing your savings and going into debt for the first time in your 50’s. That’s enough to slap you in the face, trip you up and kick you when your down. But it also woke us up, got our full attention and sent us on a higher and better trajectory in all facets of our lives.
It was clear that we needed to become better educated so that we could rebuild after losses and learn how to put our money to work for us in better and safer ways.
We both took the initial training, then my husband embraced going deeper to learn more through an exceptional course by a highly reputable company named Rule One. Rule One Investing is an investment education company modeled after the Warren Buffet style of value investing. Buffet’s Rule One is to “never lose money”.
It turns out that decision did more than help Coleman become an accomplished investor. Though not yet richer than before our numerous losses — that will take a little more time — we’re both definitely older, wiser, and happier and on a safer trajectory to richer.
When we put forth the effort to rise into our next level of growth, we encountered ever expanding and ever better worlds of opportunity and quality relationships. Painful as they’ve been, our losses became our gains.
“Our losses become our gains when we see them as opportunities to grow stronger and wiser.”
~LeAura Alderson, writer, editor, creator iCreateDaily.com®
How Deferred Gratification Compounds Positives
Excerpts from Richer, Wiser, Happier:
“Deferring gratification is no easy task given the world we live in. In wealthier nations everything is available on demand…”
“Our attention spans are shortening under a high speed bombardment of emails, text messages, Facebook posts and Twitter notifications.”
“We’re all struggling in our own ways to adjust to this technological and social revolution, which is both miraculous and perilous. As pleasure-seeking creatures, we tend to be drawn toward whatever feels good now, despite the price that we (or others) may have to pay later.”
“It’s all about deferred gratification. When you look at all the mistakes you make in life, private and professional, it’s almost always because you reached for some short term fix, some short term high. The ability to resist such urges is one of those big superpowers.”
~Nick Sleep, famously ethical wealthy investor, co-founder (former) Nomad Fund, b.~1971
“The paradox here is that the slower road almost always proves to be faster in the end.”
“…a marvelous Buddhist phrase that’s used to describe one of the subtle rewards of resisting unhealthy or unskilled behavior:”
“The joy of nonremorse.”SOURCE: Richer, Wiser, Happier by William Green
Don’t let the temptations of the moment distract you from your goals. They’re gone in a flash, leaving emptiness in their wake.
So make sure you’re compounding your goals and not your weaknesses.
Compounding positives through daily diligence will get you where you want to go.
We loved this book, Richer, Wiser, Happier, by William Green. If you enjoyed these few passages and concepts, you probably will too.
Hello! I’m LeAura, a philosopher, generalist, autodidactic, personal development advocate, entrepreneur, writer, editor, author, ideator, media publisher, and podcaster, passionate about helping others achieve their best possible life! We’re a media publishing company run by our small family of entrepreneurs, writers, and creators around topics we enjoy, such as gardening, health and fitness, creativity and pets, with more to come.
While my greatest teacher is Life… my formal training includes certifications in mediation, fitness, and strategic intervention coaching, including marriage and family. Today, the synergy of creating websites, articles and podcasts, brings together all my favorite things: family, learning, growth, creating, connecting and contributing. To share these with you is a privilege, that serves my lifelong aspiration to help others.
My personal areas of creativity are in writing, masterminding, ideation, synthesis and bringing ideas to life through business and entrepreneurship.
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