Its a story of people, underdogs, belief, and the industrial machine that has crushed it.
People are the ultimate reason.
They have needs - and thus we develop and sell.
They need to participate economically - and thus we employ and use.
They have social desires - and thus we build and facilitate community
But most of all - they have a self-image.
One of the best self-image turnarounds is when someone, anyone gets a job that
1. Gives them confidence they can do 2. Money so they can buy and participate 3. Team so they are part of something bigger than themselves 4. Challenges to learn and grow
Wealth building isn't really a gradual process, it happens in step-wise functions.
Because of this (and the way people are wired), modern portfolio theory is just that... a theory.
The strategy that will actually help you build wealth is a barbell approach.
Helping 10 people manage / invest 10mil+ right now and its the best for all of them.
People have a tendency towards risk, gambling, the large payoff.
Rather than constantly trying to educate and remove that innate tendency... use it as part of the investing strategy
Creating a safe portfolio, that always trends up over the long term, and has a small chance of declining, enables a riskier approach with the remaining funds.
This riskier approach should include asymmetric bets that will enable step-wise growth in wealth.