There are no Miracles
You become what you think about all day long― Ralph Waldo Emerson
America is doing great, S&P is near all time highs. In Europe only Germany is doing well.
why?
I see Three reasons
1.In a Globalizied world people want the best and can buy the best. Usually the best is in Germany or USA.
2.Only obsessed people can be nº1. Today the nº1 can make more than any time in history. 40 years ago Pelé, maradona or Eusébio didn't make a small part of what CR7 makes. Frank Sinatra in a good night could gather 5,000 people in a room. Today Beyoncé can sell 1,000.000 downloads in hours! To be nº1 you have to work all year all the time. you must be obsessed. If you have a balanced life you will be poor.
a link about the same subject:
I don't care whether you're an athlete, a painter, a musician, a soldier, a politician, a physician or even a lowly investment advisor, you probably won't succeed unless you're obsessed with what you do. Obsession might be a kind of madness, but it's also a very valuable madness. Most of the great works and most of the progress of the world has been done by people who are obsessed. Show me anyone who has risen to the top of their profession who has done it casually or by mistake.
Richard Russell
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