“Hey Vishal, have you read about how Albert Einstein lost so much money in the stock market?” asked my friend Ravi as we met for dinner over the weekend.
“Yes Ravi,” I said. “In fact, he lost most of his winnings from the 1921 Nobel Prize in the stock market crash of 1929.”
“Wow!” Ravi exclaimed. “And we are talking about one of the genius minds to have ever walked this planet.
“Right Ravi. And I’m sure you’ve also heard about Mr. Newton, who was wiped out while chasing the stock market bubble in 18th century England.”
“Yes Vishal, you only told me about Mr. Newton’s misdoings when we met a few months back.”
“Sometimes I fail to understand,” Ravi continued, “how men with such high levels of intelligence fail at such petty things as the stock market, even when you hear of investment stories about individuals who’ve made fortunes because of exceptional insights or sheer genius!”
“Because, my dear friend, the best rewards in investing don’t generally go to investors with the smartest brains but to those with the strongest stomachs.”
“Stomach? Are you serious?”
Birthdays aren’t a big deal when you grow up. And if you are like me, with a fading memory, you sometimes forget that you are growing up fast.
Brent Beshore is the Founder and CEO of adventur.es, a family of North American companies that invests in family-owned companies with unfair advantages. For the past nine years, Brent’s firm has started, funded, bought, and operated organizations across a wide range of industries.
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Vishal Khandelwal is an investor, writer, and entrepreneur. You can know more about him 
