Investing for the Future

wasslion
Tue, 30 Nov 2010 17:09:30 +0000

I want to learn how to invest. Right now I am pretty young, and while I may or may not end up in high finance, I want invest well. Simply put I am interested in stocks and long-term investing in hopes of making money for myself. I have started reading books and looking up many numbers to look at and valuation techniques, but I am still an extreme novice. Obviously going to school teaches a lot, yet I have no clue as to how much is actually taught in school and how much is learned (as it is in law school).

Out of your own experience, aside from getting x degrees in finance related fields, how much would you say working in high finance has taught you? I’ll say it: I want to emulate Warren Buffett. I know it is just a pipe dream of a little kid wanting to be a pro football player, but I can at least have a goal. I understand value investing vs. other types on a basic level. Are people like that born as investors or do they just have high potential that is unlocked by going to school and then working in the finance industry?

Essentially, if a person gains enough experience working on Wall Street or in some other big-time bank, can that person eventually have a winning personal portfolio; does working in high finance help immensely with meeting this goal? From your own experience, do you feel that if you invested your own money, you could make a killing?

If yes, what would you say is the biggest aspect of your life that taught you to invest so well?

I hope what I am asking makes sense.

Thank you with all my heart!