All Great Investors Possess These Two Qualities

A particular mindset has played a key role in the long-term investment success at my firm The Oxford Club... It is probably best described as rational optimism seasoned with healthy skepticism. Let's start with our positive outlook. Despite being bombarded 24/7 with negative words and images by the mainstream media, we view the United States […] Not rendering correctly? View this e-mail as a web page [here](. [Empire Financial Daily] All Great Investors Possess These Two Qualities By Alex Green --------------------------------------------------------------- [Man hailed as 'Prophet' by CNBC warns of huge October 19 event]( The man who called the bottom of the market to the day during the 2020 crash has a new prediction: A historic unveiling in Orlando, Florida could soon decide which stocks will crash next... and which could rise 1,000%. [Learn more](. --------------------------------------------------------------- A particular mindset has played a key role in the long-term investment success at my firm The Oxford Club... It is probably best described as rational optimism seasoned with healthy skepticism. Let's start with our positive outlook. Despite being bombarded 24/7 with negative words and images by the mainstream media, we view the United States as a place where a lot more goes right than wrong. We have the most dynamic economy in the world. The best research centers, universities and companies are here. Our country attracts more students, more immigrants, and more investment capital than any other. And the industries of the future, from biotechnology to nanotechnology, are centered here. Educational attainment and median household income are both at record highs. Terrorist attacks, violent crime, air, and water pollution, even divorce rates, teenage pregnancies and abortion rates have been coming down for years. We all carry mental images of the world we live in and how the future will unfold... Some see the glass as half full. Others don't. However, psychologists have discovered that the vast majority of healthy, successful individuals are optimistic, even when it doesn't seem warranted. A positive outlook motivates us to be proactive. This is particularly true in the investment arena. History's greatest investors – from Warren Buffett to Peter Lynch and Sir John Templeton – had a long-term optimism about the future that simply didn't have an off switch. --------------------------------------------------------------- Recommended Link: [A radical fifth shock to the dollar is coming...]( In economic history, there have been four major events which have shaped America and the economies of the world... The fifth could occur on December 3. And every American (including YOU) stands to be impacted. [Click here for the full story](. --------------------------------------------------------------- That doesn't mean we don't hedge our bets or take concrete steps to reduce risk and volatility... We do. But we also have an abiding faith in the ability of technology, human innovation, and capital markets to meet society's needs and solve our most pressing problems. (We saw that during the recent pandemic, as millions of scientists and researchers worked with unprecedented speed to bring us a successful therapy and vaccine for the coronavirus.) Rational optimism doesn't mean we turn a blind eye to negative circumstances – or that we never entertain darker thoughts. But there is a huge potential payoff in seeing gray skies as just passing clouds. Optimism is a source of courage and confidence. It motivates us to set goals, to take risks. It encourages persistence in the face of obstacles. Investors with a positive outlook don't sell in a panic. Nor do they turn up their noses at opportunities in a down market. Our optimism, however, is tempered by skepticism... We know that, aside from death and taxes, few things in life are guaranteed. We express our skepticism in the form of humility. We can't know for certain what the economy or the markets will do next. And neither can anyone else. However, we do know that all people have economic wants and needs and that businesses compete to meet them. We know that owning a profitable business is the best way to create and preserve a fortune. We know that owning several businesses in different industries – a diversified portfolio of stocks – is the least risky way to achieve this. And we know that you outperform the market not by jumping in and out of it but by identifying companies that generate exceptional returns. Still, long-term success takes time and patience. Humility is essential. In the financial markets, arrogance and big egos get taken down like the Berlin Wall... So our investment approach at The Oxford Club combines an understanding of the present, optimism about the future, and a deep humility about our ability to predict or control events. More than any strategy or recommendation, this attitude – this mindset – is responsible for our success. You should make it yours. Regards, Alex Green Editor's note: If you haven't seen Alex and Empire Financial Research founder Whitney Tilson's recent special briefing yet, don't delay... In short, they both believe a historic convergence of two rare economic events has begun – one that could set in motion an incredible investment opportunity. Alex and Whitney predict that you'll eventually look back and remember exactly which side of this opportunity you ended up on – the winning side... or the losing side. [Watch their briefing here before it comes offline tomorrow at midnight](. --------------------------------------------------------------- If someone forwarded you this e-mail and you would like to be added to the Empire Financial Daily e-mail list to receive e-mails like this every weekday, simply [sign up here](. © 2023 Empire Financial Research. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from Empire Financial Research, 1125 N. Charles Street, Baltimore, Maryland 21201 [www.empirefinancialresearch.com.]( You received this e-mail because you are subscribed to Empire Financial Daily. [Unsubscribe from all future e-mails](