How many of us have marveled at the foresight and success of other individuals and then felt we perhaps missed the boat? How did he know to purchase a house in that rundown neighborhood that eventually turned around? Or pass on paying $400,000 for a house in 2006 that she felt was worth half that? And in 2008, it was. Who thought buying Apple at $7 in April 2003 was a good deal?
Was it luck? Being in the right place at the right time? What did they know that I didn't know?
Most of these decisions were made on information that was available to all of us. But the difference was these individuals looked at the cold hard facts and took a stand. They analyzed the data, looked at where the economy might be headed and made that decision on the best available input.
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