That now explains why I concur with Warren Buffett's investing approaches towards ETFs (low cost index funds) and stocks (value stocks) though my investment portfolio also consists of growth stocks and a litte of crypto (though he dislike it).
I believe it does not matter whichever investing style we adopt. The important factor is to abide with our respective chosen strategies for the long-term to reap fruitful results which our older selves in the future will thank our younger selves in the present times.
Do You Know Which MBTI Personality Dominates the World of Investing?
@MillionaireTiger：
Welcome to Thursday Special! Do you know who the most representative personality and figure in the MBTI 16 personality types for finance are? If you don't know what personality type you are, click here to start the test~ Here are some of the MBTI types of financial experts. Come and see if your personality is on the list~ Genius Player INTJ Gary Brinson, the father of global asset allocation, once said that in the long run, about 90% of investment returns come from successful asset allocation. All NT types are good at strategic planning, adept at research, and excel in overall control and risk management. They are the calmest and most focused. Faced with a plethora of financial products, INTJs don't blindly follow but are accustomed to finding the best financial solutions. They anticipate possible surprises and risks and prepare solutions in advance. Representative figure: Elon Musk $Tesla Motors(TSLA)$ It's okay to put all your eggs in one basket, as long as you can control what happens in that basket. Financial Alchemist ENTP Like all NP types, being laid-back is a characteristic of ENTPs. Making mistakes and committing low-level errors are common, and like most NT types, subjects that don't require exploring principles are ENTPs' weaknesses at the beginning of financial management. However, ENTPs have strong intuition, and their philosophical thinking gives them endless ideas. They can predict the development direction of anything, and once they use this ability well, they can earn a lot. Representative figure: Financial mogul George Soros To gain wealth, the approach is to recognize its illusion, get involved, and then exit the game before the illusion is recognized by the public. Ultimate Boss Player INTP INTPs, also known as "logical geniuses," value logic, key points, and analytical abilities. They focus on the events themselves and study them carefully. They have strong predictive and analytical abilities, are skeptical, critical, and love analysis. No one is more passionate and capable of discovering and exploring problems than INTPs. They are very suitable for investment, as they have a strong ability to generalize reality and can see the most "principle-based" needs behind phenomena. They can quickly make holistic abstractions and integrations, forming an objective and most suitable logical system for the thing, and using the appropriate way to deal with it. Representative figure: Adam Smith When a person achieves results and receives rewards, he not only cares about the absolute amount of his rewards but also cares about the relative amount of his rewards. Refined Financial Genius ISTJ ISTJs are highly sensitive to numbers and are known as "refined financial geniuses" and "behind-the-scenes manipulators." ISTJs observe the visible and tangible realities in the world and deal with them objectively. For them, the most important things in daily life are structure, process, and order. They are obsessed with data, work very focused, have strong logic and insight, can make calm and objective financial plans, and persistently achieve goals. Representative figure: Warren Buffett $Berkshire Hathaway(BRK.A)$ $Berkshire Hathaway(BRK.B)$ Be fearful when others are greedy, and be greedy when others are fearful. Living-in-the-Moment Practitioner ESTP ESTP is possibly one of the most charming and adept-at-seizing-the-moment types among the 16 personality types. They often ignore any immediate or future difficulties and try everything (even unscrupulous means) to complete the current task in the most advantageous way for themselves. They have the strongest adaptability and the sharpest investment insight. Their sensitivity and persistence in current interests make ESTPs a type that never suffers immediate losses. ESTPs are good at achieving wealth growth with a low principal, even without awareness and reserves for financial planning. Their skills enable them to navigate the investment field with ease. Representative figure: Jordan Belfort, the Wolf of Wall Street When you do something, you may fail, but failure doesn't mean you're inherently a loser; it's because you haven't fully grasped the trick. …… What MBTI personality type are you? Feel free to leave your personality in the comments, see if there are any companions with similar traits, and discuss whether you think personality affects investment concepts. 🎁Prizes Comment Rewards: Tigers who leave your MBTI and your investing concepts in the comments section will receive Tiger Coins but don’t copy others’ homework hahaha. Editor's Pick Post Rewards: If you plan to share content over 500 characters, we strongly recommend selecting the "Also repost" button when posting a comment. This way, your content will have a chance to be selected as a "Picked Post" and receive a reward of 200 Tiger Coins automatically! In addition, if your post gains high popularity, there's also a chance to win US$15-25 voucher rewards in our weekly "Creator Incentive Program."
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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