would Donald Trump do this, or Warren Buffett or George Soros?” The
only way I can access their vast mental power is to be humble enough to
read or listen to what they have to say. Arrogant or critical people are often
people with low self-esteem who are afraid of taking risks. That’s because,
if you learn something new, you are then required to make mistakes in order
to fully understand what you have learned.
If you have read this far, arrogance is not one of your problems.
Arrogant people rarely read or listen to experts. Why should they? They are
the center of the universe.
There are so many “intelligent” people who argue or defend when a new
idea clashes with the way they think. In this case, their so-called
intelligence combined with arrogance equals ignorance. Each of us knows
people who are highly educated, or believe they are smart, but their balance
sheet paints a different picture. A truly intelligent person welcomes new
ideas, for new ideas can add to the synergy of other accumulated ideas.
Listening is more important than talking. If that were not true, God would
not have given us two ears and only one mouth. Too many people think
with their mouth instead of listening in order to absorb new ideas and
possibilities. They argue instead of asking questions.
I take a long view on my wealth. I do not subscribe to the get-rich-quick
mentality most lottery players or casino gamblers have. I may go in and out
of stocks, but I am long on education. If you want to fly an airplane, I
advise taking lessons first. I am always shocked at people who buy stocks
or real estate, but never invest in their greatest asset, their mind. Just
because you bought a house or two does not make you an expert at real
estate.
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