What Makes A Great Investor

Author

Howard Lindzon
June 19, 2019

My friend Semil linked to a great post from investor Graham Duncan titled ‘The Playing Field‘ who dissected what separates the great investors from the rest. In short:

For investors, I’ve come to think of five levels of the game:

1. Apprentice — learning the game

2. Expert — mastering the game you were taught

3. Professional — making the game you were taught fit your own strengths and weaknesses

4. Master — changing the game you play as part of your own self-expression and operating at scale

5. Steward — becoming part of the playing field itself and mentoring the next generation

Yesterday I wrote about art over science in the business of investing, but this gem of a piece really hits home. Take the time to read the whole piece.

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