Are you choosing high growth or low growth?
How often do we make a conscious decision to put ourselves in the path of opportunity? Do you consider this when choosing your type of business or market segment?
I spent years in the investment world, and one thing I can tell you is that around 85% of your returns are determined by the asset class that you choose to allocate money towards. For example, if you choose stock, bonds, or real estate as one of your asset classes, your portfolio manager, company, track record and all the research will lend little towards your return. Ultimately it’s the inherent return of that asset class that determines the majority of what you return.