Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
I am surely not near the top of the most successful investors in the world or even on this fine website. I perhaps falsely suspect that there is more than a slight difference. Therefore, I hesitate to offer any investment advice to our group. But at least one human characteristic that just might provide a signal on our potential, note potential and not a guarantee, for investing success is often cited. That signal is our grit factor. Please give this reference a read:
Grit equates to success in countless tasks. Investing IQ by itself doesn’t project to successful investing. Here is a Link to a paper with the same title:
How well did you do? I scored. pretty high, but the published tests are likely far too short to yield a reliable measure of true grit. But it’s fun so give it a test try anyway. Good luck.
