Malcolm Turnbull wealth creation advice.

Discussion in 'Investor Psychology & Mindset' started by Biz, 16th Oct, 2015.

Join Australia's most dynamic and respected property investment community
  1. Perthguy

    Perthguy Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    11,767
    Location:
    Perth
    I don't like MT much but I was impressed that he did just say oh yeah, look at me, I am filthy rich because I am smart and I worked hard. He admits there was an element of luck to his success and I agree. Sure it is the type of luck where preparation meets opportunity but I just like how he put it.
     
  2. Random Username

    Random Username Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    296
    Location:
    NSW
    And God bless those that get caught helping themselves........
     
  3. Redom

    Redom Mortgage Broker Business Plus Member

    Joined:
    18th Jun, 2015
    Posts:
    4,659
    Location:
    Sydney (Australia Wide)
    The constant attack on him as 'the rich dude' is going to end really badly for the Labor party if they keep doing it. I very much respect his wealth and how he got it. It definitely is a '+' factor for him, particularly as his chosen to have a role in public life.

    I think luck has a part to play in wealth creation. But a small part.

    Give Malcolm Turnball the same set of circumstances and have a crack at life again. I'd bet he'd do exceptionally well again. His an exceptional talent thats worked hard to hone his skills, and a risk taker. Thats what has made him successful.

    I'd say the same for most successful people. Theres key ingredients. Luck isn't the difference between being wealthy or not. It has a part to play, but is like the bit of cheese you put on top of your pasta. It helps bring out the best in whats already there.