“The boss is coming. You’d better look busy, or else you’re outta here.”
I jumped up from my seat and started to wipe an already clean table.
I learned pretty quickly that not looking busy put me at risk of getting fired. If I wanted to keep my job, or any job in the future … I had to always find something to do.
From that day on, I never took a moment’s break. Instead, I always looked for something to do.
I took this “work hard” habit with me when I started my career as a floor trader on Wall Street.
I’d walk at a quick pace across the trading floor even if I was only going to lunch, because I thought the key to getting ahead was always being busy and working hard.
It took me several years to realize that hard work doesn’t always equal success…
Successful Investing Is More Than Hard Work
To hear more about how smart work will help you be a more successful trader, watch my YouTube video below.
As an investor, working hard doesn’t necessarily mean you’ll make more money.
After spending more than 35 years watching world-class traders make money year after year, I learned that they all had one thing in common: temperament.
Warren Buffett said there’s a tremendous correlation between approach, temperament and success. Money can be made in the stock market if an investor:
- Isn’t tempted to invest every day. Great investors pick their spots and don’t invest every day the stock market is open. The key is to invest only when the odds of success are greatly in your favor.
- Has an even temperament. Don’t get overly excited when markets go your way, and don’t be depressed when they go against you. Once you do your research and make a purchase based on your analysis, let the facts prove you right — not the daily gyrations of the stock market.
- Is disciplined. Stick to an approach that’s based on sound logic and has withstood the test of time. Ben Graham said that every investor “should be able to justify every purchase he makes and each price he pays by impersonal, objective reasoning that satisfies him that he’s getting more than his money’s worth for his purchase.”
Of course, it’s not always easy for investors to keep a cool head — especially when they’re going up against the market on their own.
That’s why it’s important to follow an approach … something that takes the guesswork out of investing and lets you home in on great opportunities again and again.
Make Money With My Alpha-3 Approach
I’ve spent 35 years developing a strategy called the Alpha-3 Approach.
In the face of roller coaster–type markets, it keeps me even tempered and helps me stick to my game plan.
My Alpha-3 Approach is built on three basic principles. Any company I’m interested in must:
- Participate in a $100 billion industry.
- Be run by a rock star CEO.
- Have a stock that’s mispriced.
That’s it. This easy-to-follow approach has helped me target financially sound companies trading at bargain prices for decades.
And now I’m sharing this knowledge with readers of my Alpha Investor Report newsletter.
In my flagship service, I pull back the curtain and show you how Wall Street insiders really make money … and how you can learn to join their ranks.
I put together a presentation that details my market-beating approach, as well as how to join Alpha Investor Report.
I even give away the details of a massive market trend that I’ve been tracking — as well as a free report on how to take advantage of this rapidly growing industry.
Click here to see what I’m talking about.
All my best,
Editor, Alpha Investor Report