What Is Investorship?

Investorship is a word based on well-established (but not always understood) truths:

First: We are all normal. We act (or, more accurately, react) out of unconscious biases and mental shortcuts. We are capable of consciously reflecting and reasoning before acting. Very often we do not, with unfortunate results.

Second: We all spend, not just our money but also our time, our effort, and our reputation. We spend something of value in exchange for something else of value. However, when we spend too much on things that decrease in value, and not enough on things that increase in value, we forfeit enormous future potential wealth. This phenomenon is called “spilling.”

Third: Change is possible. By understanding of the type of spending essential for wealth creation, and by countering our reactive instincts with patience and practice, it is possible for anyone to spend their way to wealth.

Finally: Wealth means more than money. Non-financial wealth includes personal satisfaction, friendships, great memories, and many other things of true value. But one must build future financial wealth in order to have the freedom to enjoy this non-financial wealth.