Monday, March 5, 2012

angel in the marble

Many speakers often use this story and it can be applied to different situations. I for one find it very relevant to investing. The story is about how Michelangelo created the statue of an angel in the Basilica of San Domenico in Bologna. He said, "I saw the angel in the marble and carved until I set him free." While everyone else sees a block of marble, Michelangelo has the vision of a beautiful artwork and he made it a reality. This mindset is what separates great artists such as him from mediocre ones. I believe this is what separates successful investors from those who lose as well.

Good investors "see the angel in the marble". They see the future potential of their investments, even if most people don't and they have the patience to wait for that potential to be realized. It could be a stock whose price is driven down by temporary setbacks, or a block of land in the middle of nowhere with tourism prospects, or a business idea that others dismiss as ridiculous. When the time comes for the stock's price to rise, or for the land value to increase or for that business to turn out a profit, the investor will have realized excellent returns from his investment.

Happy investing!

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