wages, page-55

Passive, that was a spot on post.

I think you are right that most property investors are not as clued up on micro / macro economic factors as many would think. This has probably resulted in them getting quite wealthy over time.

Sometimes you can know, or think you know, everything about a subject and just get bogged down, tilt at windmills or jump at shadows, etc. In the end you know lots but you just can't jump in and use that knowledge in a practical way.

Conversely, a lot of investors do what you stated and just go about their lives while compound rates, demographics, cultural imperatives, etc, do their work on property values.

These people sleep well at night, get quite wealthy over the long term and have no hope of ever winning the " Hot Copper Walter Mitty award " for pretending to be something that they are not, they don't have to.

Accurate and simple post Passive