Successful investors feel like they can (and do) MAKE an asset appreciate themselves. It doesn’t matter the asset–a stock, real estate, business or piece of art. They don’t necessarily just buy and “see what happens.” They buy knowing they can move the needle on everything they believe in and they invest more than their money to make it happen.
Less successful investors merely buy hold and “wait to see what happens.” Sometimes this works! Sure, there are non-activist equity investors, but I am also arguing that one should take an activist mentality on every investment across all different asset classes.
Figure out how to accelerate adding value to real estate holdings.
Figure out how to add value to a company.
Figure out how to be additive in everything.