By Nicholas Vardy Many investors spend years studying modern financial theory and Nobel Prize-winning investment strategies in an attempt to become more successful.
Today, Nicholas Vardy explains why the true secret to wealth is more psychological.
When I started my career in investing, I thought the key to becoming a great investor was to study modern financial theory.
After all, this was how academics like Harry Markowitz of the University of Chicago and William Sharpe of Stanford had won Nobel Prizes in economics.
Later, I decided to study the beliefs, habits and strategies of the world’s greatest investors.
I spent thousands of dollars with one of the world’s …read more