{"id":40012,"date":"2025-11-18T23:56:00","date_gmt":"2025-11-18T15:56:00","guid":{"rendered":"https:\/\/www.granitefirm.com\/blog\/us\/?p=40012"},"modified":"2025-12-26T12:50:09","modified_gmt":"2025-12-26T04:50:09","slug":"doom-to-fail-if-not-good-at","status":"publish","type":"post","link":"https:\/\/www.granitefirm.com\/blog\/us\/2025\/11\/18\/doom-to-fail-if-not-good-at\/","title":{"rendered":"Doom to fail if you&#8217;re not good at investing"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/11\/18\/doom-to-fail-if-not-good-at\/#You_wont_succeed_at_what_youre_not_good_at\" >You won&#8217;t succeed at what you&#8217;re not good at<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/11\/18\/doom-to-fail-if-not-good-at\/#The_origins_of_the_book_%E2%80%9COutliers%E2%80%9D\" >The origins of the book &#8220;Outliers&#8221;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/11\/18\/doom-to-fail-if-not-good-at\/#Finding_Your_Own_Path_to_Success\" >Finding Your Own Path to Success<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/11\/18\/doom-to-fail-if-not-good-at\/#Focus_on_What_Truly_Captivates_You\" >Focus on What Truly Captivates You<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/11\/18\/doom-to-fail-if-not-good-at\/#Conventional_Perspectives\" >Conventional Perspectives<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/11\/18\/doom-to-fail-if-not-good-at\/#Thinking_quality_is_more_important_than_practice_quantity\" >Thinking quality is more important than practice quantity<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/11\/18\/doom-to-fail-if-not-good-at\/#Focus_on_strengths_not_brute_effort\" >Focus on strengths, not brute effort<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/11\/18\/doom-to-fail-if-not-good-at\/#Closing_words\" >Closing words<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/11\/18\/doom-to-fail-if-not-good-at\/#Related_articles\" >Related articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"You_wont_succeed_at_what_youre_not_good_at\"><\/span>You won&#8217;t succeed at what you&#8217;re not good at<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>At Berkshire Hathaway&#8217;s 2025 shareholders meeting, Warren Buffett said, &#8220;I don&#8217;t believe in those books that say you can succeed by putting in 10,000 hours of practice. Even if I spent 10,000 hours tap dancing, you&#8217;d all be sick of watching me do it.&#8221;<\/p>\n\n\n\n<p>Buffett was likely referring to Malcolm Gladwell&#8217;s 2008 book, <em><a href=\"https:\/\/www.amazon.com\/Outliers-Story-Success-Malcolm-Gladwell\/dp\/0316017930\" target=\"_blank\" rel=\"noopener\">Outliers: The Story of Success<\/a><\/em>, which popularized the idea that &#8220;mastering a skill or subject requires 10,000 hours of practice.&#8221; In <em>Outliers<\/em>, Gladwell called 10,000 hours a magic number\u2014the amount of practice needed to become an expert in a field\u2014applicable to playing the violin, writing novels, or almost anything else.<\/p>\n\n\n\n<p>However, Gladwell later pointed out in Buffett&#8217;s speech at Berkshire Hathaway&#8217;s 2025 shareholders meeting that the so-called &#8220;10,000-hour rule&#8221; has been oversimplified. In 2014, he stated, &#8220;Practice is not a sufficient condition for success. Even if I played chess for 100 years, I wouldn&#8217;t become a grandmaster. The point is, talent requires a significant time investment to manifest.&#8221;<\/p>\n\n\n\n<p><strong>Note<\/strong>: for the book in detail, please see my post of &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/05\/27\/outliers-10000-hours\/\">Outliers &#8211; great finding on 10000 hours<\/a>&#8220;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_origins_of_the_book_%E2%80%9COutliers%E2%80%9D\"><\/span>The origins of the book &#8220;Outliers&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>K. Anders Ericsson is the author of <em>Peak: Secrets from the New Science of Expertise<\/em>.<\/p>\n\n\n\n<p>In his 2008 book <em>Outliers<\/em>, Malcolm Gladwell cited a figure from his research report to propose the now widely known &#8220;10,000-hour rule,&#8221; which is actually a misuse of research findings. The &#8220;deliberate practice&#8221; he emphasized not only involves the &#8220;quantity&#8221; of practice but also the &#8220;quality&#8221; of it.<\/p>\n\n\n\n<p>In an interview with Michael Covel&#8217;s book, <em>Trend Following Masters<\/em>, Anders Erickson stated, &#8220;We completely agree with Grawell&#8217;s point. But there&#8217;s no magic line that means someone will become an expert after completing 10,000 hours of an activity. The key is to spend time trying to improve specific areas of expertise. If you can consistently train for thousands of hours, the evidence suggests you&#8217;re very likely to excel. With continued practice, you might even eventually become a world-class expert.&#8221;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Finding_Your_Own_Path_to_Success\"><\/span>Finding Your Own Path to Success<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>At the shareholders&#8217; meeting, Buffett emphasized the importance of identifying your existing skills and passions, and then finding people who can teach you how to improve. Ideally, this means spending time with mentors, but reading the works of experts in your field is equally valuable.<\/p>\n\n\n\n<p>Buffett, speaking of one of his most influential mentors, Graham, said, &#8220;If I spend 10 hours reading Graham&#8217;s books, I&#8217;ll definitely become very smart. Find your own path, and you&#8217;ll meet people willing to talk to you as you learn.&#8221;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Focus_on_What_Truly_Captivates_You\"><\/span>Focus on What Truly Captivates You<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Working in a lucrative career or industry that you&#8217;re not particularly interested in might be financially wise. However, if you pursue what you&#8217;re good at and passionate about, your chances of success are likely greater.<\/p>\n\n\n\n<p>At the shareholders&#8217; meeting, Buffett said, &#8220;If my ambition had been to become a ventriloquist or something, I certainly wouldn&#8217;t have succeeded. I just spent a lot of time on investing.&#8221;<\/p>\n\n\n\n<p>For Buffett, the topic he was interested in happened to be a lucrative career path. But his success in investing was partly due to his teachers and mentors being impressed by his curiosity and happy to work with him.<\/p>\n\n\n\n<p>He said, &#8220;Generally speaking, teachers like to have young students who are genuinely interested in the subject, and they will spend extra time guiding you.&#8221; Reflecting on his time at Columbia University, Buffett said his professors treated him &#8220;like their own sons.&#8221; He added, &#8220;I was interested in what they were teaching, and they found my interest interesting. So I focused on what truly fascinated me. I didn&#8217;t try to be someone else.&#8221;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conventional_Perspectives\"><\/span>Conventional Perspectives<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Career experts generally believe that when making career decisions, your interests and natural skills are more important than your potential starting salary. For example, when choosing a college major, it&#8217;s best to choose a field of study that you are truly interested in, rather than just those you think will lead to a high-paying job. This approach can help you succeed academically and may yield good returns in the long run.<\/p>\n\n\n\n<p>Kafui Quark, Assistant Vice Chancellor for Career Development and Experiential Learning at Quinnipiac University, previously told CNBC&#8217;s &#8220;The Road to Success&#8221; column, &#8220;Your interests might align with a job that pays well up from the start. For other jobs, you might start with a lower salary, but over time, your salary will steadily increase.&#8221;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Thinking_quality_is_more_important_than_practice_quantity\"><\/span>Thinking quality is more important than practice quantity<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Buffett often says that he spends most of his time reading and thinking, not \u201cpracticing\u201d in the traditional sense. He values sound judgment, temperament, and decision-making over repetitive effort.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cYou don\u2019t have to be smarter than the rest. You have to be more disciplined than the rest.\u201d \u2014 Warren Buffett<\/p>\n<\/blockquote>\n\n\n\n<p>He thinks success comes from <strong>mental models, patience, and rationality<\/strong>, not merely hours logged.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Focus_on_strengths_not_brute_effort\"><\/span>Focus on strengths, not brute effort<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Buffett argues that you should <strong>play in your \u201ccircle of competence.\u201d<\/strong> In other words, know what you understand deeply and stay within that area. Spending 10,000 hours on something you\u2019re not naturally good at may not make you great \u2014 it just makes you exhausted.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe most important investment you can make is in yourself.\u201d \u2014 Buffett<br>But that investment should be <strong>in what you\u2019re naturally suited for<\/strong>, not what others tell you to master.<\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Closing_words\"><\/span>Closing words<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This is why I repeatedly encourage investors not to blindly invest in the stock market. They should first have a genuine and profound understanding of themselves, and objectively analyze their own personality\u2014for example, &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/17\/investors-disc-test\/\">Investors&#8217; DISC test to assess your traits<\/a>&#8220;, which can help investors understand themselves early on.<\/p>\n\n\n\n<p>Doom to fail if you&#8217;re not good at investing, no matter how hard you try, you will not succeed!<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"123\" height=\"90\" src=\"https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2025\/11\/not_good_at_investing-Custom.jpg\" alt=\"not good at investing\" class=\"wp-image-40018\"\/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Related_articles\"><\/span>Related articles<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul id=\"block-13bd9aca-fe59-4c5e-a797-4661ce116bc4\" class=\"wp-block-list\">\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/11\/18\/doom-to-fail-if-not-good-at\/\">Doom to fail if you&#8217;re not good at investing<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/05\/27\/outliers-10000-hours\/\">Outliers &#8211; great finding on 10000 hours<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/02\/20\/statistics-can-be-deceiving\/\">Statistics can be deceiving<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/05\/04\/investor-temperament\/\">The most important quality for an investor is temperament, not intellect&#8221;<\/a><\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/11\/memory\/\">Memory is an edge to investment success<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/02\/26\/personality-impact\/\" target=\"_blank\" rel=\"noreferrer noopener\">Personality has a decisive impact on investment success or failure<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/17\/investors-disc-test\/\">Investors&#8217; DISC test to assess your traits<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/08\/31\/circle-of-competence\/\">The importance of circle of competence<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/11\/14\/power-of-index-etf\/\">The power of index ETFs underestimated<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/08\/11\/a-table-comparing-index\/\" target=\"_blank\" rel=\"noreferrer noopener\">A table comparing S&amp;P 500, Nasdaq, Dow Jones, Philadelphia Semiconductor Index over the years since its inception and annualized returns<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/07\/25\/stock-worth-holding-forever\/\" target=\"_blank\" rel=\"noreferrer noopener\">Investors should care annualized rate of return (IRR), How to calculate?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/12\/04\/u-should-invest-etfs\/\" target=\"_blank\" rel=\"noreferrer noopener\">Most investors should invest ETFs tracking broader market<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/02\/08\/etfs-tracking-us-market\/\" target=\"_blank\" rel=\"noreferrer noopener\">US issued ETFs tracking US market is your best bet<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/12\/13\/top-10-etfs\/\" target=\"_blank\" rel=\"noreferrer noopener\">Top 10 ETFs and important major US stock market index<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/07\/10\/etf-regulations\/\">Consequences of Index Fund and ETF Regulations and Restrictions<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/12\/29\/procter-gamble-pg\/\">Stocks Better than the S&amp;P 500, Procter &amp; Gamble (P&amp;G) <\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/29\/turn-to-passive-investment\/\">Investors turn to passive investment funds ETF and abandoning active investment funds<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/11\/17\/global-stock-markets\/\">Global stock markets performance comparision over the past 30 years in a table<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/10\/23\/sp-500-vs-nasdaq-100-index\/\" target=\"_blank\" rel=\"noreferrer noopener\">S&amp;P 500 vs. Nasdaq 100 index, how to choose a market index?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/02\/sp-500-next-year-return\/\">S&amp;P 500 index next year performance, based on last century record<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/31\/buffett-return-rate\/\">Return rate comparison among Buffett portfolio, Berkshire stock price, S&amp;P 500 over the years<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/08\/2022-sp-500-constitutent-stock-performance\/\">2022 S&amp;P 500 Constitutent Stocks Performance<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/12\/29\/procter-gamble-pg\/\">Stocks Better than the S&amp;P 500, Procter &amp; Gamble (P&amp;G) <\/a><\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/10\/23\/sp-500-vs-nasdaq-100-index\/\" target=\"_blank\" rel=\"noreferrer noopener\">S&amp;P 500 vs. Nasdaq 100 index, how to choose a market index?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/07\/25\/stock-worth-holding-forever\/\" target=\"_blank\" rel=\"noreferrer noopener\">S&amp;P 500 index, the only stock worth holding forever<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/09\/11\/sp-500-index-querier\/\" target=\"_blank\" rel=\"noreferrer noopener\">Querier to Annualized rate of return for S&amp;P 500 Index<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/10\/19\/dow-jones-querier\/\" target=\"_blank\" rel=\"noreferrer noopener\">Querier to Annualized rate of return for Dow Jones Industrial Average (DJIA) Index<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/09\/25\/nasdaq-index-querier\/\" target=\"_blank\" rel=\"noreferrer noopener\">Querier to Annualized rate of return for Nasdaq Index<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/10\/31\/14481\/\">S&amp;P 500 P\/E ratio has been rising in the past century, S&amp;P 500 PE Ratio and Average Querier<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/10\/05\/philadelphia-semiconductor\/\" target=\"_blank\" rel=\"noreferrer noopener\">Querier to Annualized rate of return for Philadelphia Semiconductor Index (SOX)<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/09\/15\/taiwan-stock-exchange\/\" target=\"_blank\" rel=\"noreferrer noopener\">Querier to Annualized rate of return for Taiwan Stock Exchange<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/09\/12\/how-blackrock-make-money\/\" target=\"_blank\" rel=\"noreferrer noopener\">How does BlackRock, the world&#8217;s largest index and asset management company, make money<\/a>?&#8221;<\/li>\n<\/ul>\n\n\n\n<p><em><strong>Disclaimer<\/strong><\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>The content of this site is the author\u2019s personal opinions and is for reference only. I am not responsible for the correctness, opinions, and immediacy of the content and information of the article. Readers must make their own judgments.<\/em><\/li>\n\n\n\n<li><em>I shall not be liable for any damages or other legal liabilities for the direct or indirect losses caused by the readers&#8217; direct or indirect reliance on and reference to the information on this site, or all the responsibilities arising therefrom, as a result of any investment behavior.<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Doom to fail if you&#8217;re not good at investing. This is why I repeatedly encourage investors not to blindly invest in the stock market. They should first have a genuine and profound understanding of themselves, and objectively analyze their own personality<\/p>\n","protected":false},"author":1,"featured_media":40018,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[66,392],"tags":[],"class_list":["post-40012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-successful-investor-traits","category-circle-of-competence"],"_links":{"self":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/40012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/comments?post=40012"}],"version-history":[{"count":11,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/40012\/revisions"}],"predecessor-version":[{"id":40661,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/40012\/revisions\/40661"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media\/40018"}],"wp:attachment":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media?parent=40012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/categories?post=40012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/tags?post=40012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}