Perils of assets classes

Imperialism meant to take the possessions as much as possible. When the ideology of imperialism thrived at the period where everyone considered having more land is the sign of power and wealth, it is quite natural to have such a bias. The war were in the name of lands, bribes were measured by how much acres therein and certainly the wealth both of an individual and a kingdom. This was practised from the very beginning and multiple centuries before. The more land you own, the richer you are. Because there is no equivalent alternative to measure wealth. It took centuries to sway away from this notion. Slowly people started believe in assets. By then the most favourable one was gold (among matals). So the greedy ones went to hunt for gold, they dig deeper and deeper until they found some trace and they did.

But with a short period of time, when compared with the duration at which people veered from lands to gold, people started believing in more assets classes are preferably the ownership of growing businesses. If we look at the top rich people, they are not gold miners or holders, they are the business owners and professional investors. The asset class has changed dramatically. The newly discovered ones are getting more attention and the older ones are devaluing itself. Now everyone knows, in order to be super rich, you have to be an entrepreneur either through building or investing.

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Discipline is the key

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Insanely Practical

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