My introduction to investing was fairly late. I was always a good saver,
but saving and investing are different (though related) things. The youngest of
three brothers, I was determined to be the last to have chocolate left at
Easter. I also took as much advantage as possible of the family incentive
scheme. If we saved up for something, it was matched. I was still saving “for” something,
rather than putting money to work. I chose to study Actuarial Science because I
didn’t like money controlling me, and that seemed like a safe way to secure a good
income with the skills/privileges I had. Through that, and further investment
studies I ended up at an Asset Management firm. The book I was then given to
read was “The Intelligent Investor” by Benjamin Graham, and a shorter one, “The
Little Book of Value Investing” by Christopher Browne. Saving is primarily
about discipline and delayed gratification. Investing is about making sure the
money is working. That through the noise of numbers and opinions, something of
value is being done.
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