Investing: What It Takes To Be Successful

If you can be curious and skeptical and think independently and have a good judgement, chances are you will do very well in the investment community. But its not going to be as easy in the next decade as it was in the past 2 or 3 decades.

What It Takes To Succeed In The Investment World

Judgement is the one. One hundred people can go into a room and hear the same story. Only 5 to 6 of them are going to get it really right and understand what to do next, what is going to happen. Most of them come out with the conventional view instead of questioning, being curious and thinking around the corner. So, if you really have good judgement, if you are curious, if you can think independently, chances are you will do well in the investment world.

Video: Investing & Success

Topics: 

- What it takes to be successful in your career;
- Where to get investing ideas;
- Portfolio Management;

North Korea: Investing In Mining

In 1972, North Korea was richer than South Korea with their vast natural resources. They still have them. They have been ruined by the Communist. So if you go there, open a mine, silver, coal, iron ore, there are plenty of things you can do there. I did meet with people in the Government and they offer you all sort of incentives.

Korea: It`s Going To Be The Most Exciting Country In The World

It is going to be the most exciting country in the world when reunification comes. You are going to have a country of 75 million people right on the Chinese border, vast natural resources in the North, huge amounts of cheap and disciplined labor in the North. In the South you have lots of capital, lots of management ability. It is going to be unbelievably exciting!

Related trading instruments: iShares MSCI South Korea Index Fund ETF (EWY)

Emerging Markets: North Korea

Topics: Investment opportunities in North Korea;

Related trading instruments: iShares MSCI Emerging Markets Index ETF (EEM)

Swiss Franc: Less Bad Than The Other Currencies

The Swiss Franc is just less bad than the Euro, the Swiss Franc is less bad than some other currencies, at this point. People are looking for a sound place to put their money. There aren`t any sound paper money anymore, so they have to look for the one that is the least bad. The Swiss Franc is one of the less bad.

Related currencies: EURUSD, EURCHF, USDJPY;