I'm not the next Warren Buffett, and you likely aren't either

I was just reading Pomp’s newsletter and in it he wrote, “The S&P 500 has hit a new all-time high every day for the last 7 days. The Nasdaq also sits at an all-time high as well.”

The last decade’s growth in the US stock market has been unprecedented — both in terms of growth percentages and length of time.

It’s not uncommon for these times to lead investors to feel as if they’re “special” or “the next Warren Buffett”.

Especially for new investors who haven’t experienced anything but the last decade.

I even catch myself sometimes feeling like I’m good at stock picking, saying to myself, “wow, maybe you are good at this.”

Then, I quickly remember I’m not — I’m not the next Warren Buffett, I’m not special, and I’ve just been the lucky beneficiary of the last decade’s growth in the stock market.

I like to remind myself of a great quote from the wise Charlie Munger, “It’s not supposed to be easy. Anyone who thinks it’s easy is stupid.”

All the best,

Sponsored By

FarmTogether: the company transforming agriculture through direct access to institutional quality farmland investments.

Farmland investing can play a significant role in your portfolio, even without being Bill Gates. With FarmTogether, the once inaccessible asset is now accessible. With $15,000, accredited investors can enjoy the positive impacts of farmland not only on their portfolios, but on the planet as a whole. Diversify your portfolio, increase your passive income, hedge against inflation, and invest in a sustainable future.

Learn more by visiting FarmTogether.com

You are receiving The Leonard Letter because you either signed up or you attended an event/webinar that I spoke at. Feel free to unsubscribe using the link below if you aren’t finding this valuable.

Nothing in this email is intended to serve as financial advice. Do your own research.