In active investing, there is a tendency for courses to give you a head start to bring you up your competency. Often, the course trainers will tell you, even after paying $3000++ or $600++ for the lessons, it is still not enough.
And that is because the ones that are likely to succeed are the ones who are not just motivated to build wealth, but have established a system/process/habits to practice, execute, prospect stocks on a recurring basis.
I came across a good lesson learn article from someone that I followed on and off that I find rather interesting.
You can read it here: Learning from the Past, Part 5B [Institutional Stock Version]
David Merkel talks about a blunder that was due to his prospecting and recommendation that caused his firm to lose money.
The context of this is that, David Merkel had extensive experience in the insurance ......