Throughout our lives, we have to make several critical decisions, eg. choosing our own profession and life partner. We may not understand that buying a stock is actually same as finding a business partner, an important decision in life, especially if we want to grow our wealth.
Why some people people become richer over the years? This is because they get to know good business partners. When we buy a stock, it actually means we are in partnership with someone doing business together, could be short term or long term partnership. If our business partners could make money, we would also profit from them because the company earning could be shared with us in the form of capital gain (higher share price) and passive income (dividend). If we make friends with partners who are losing money quarterly and yearly in business, this is as if ......