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Investment Research Since 1978

Be Great at One Thing and…

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You may know Mark Knopfler, the “Sultan of Swing,” from his years fronting the rock band Dire Straits. Well he’s still pickin’ that guitar. He released another solo album this year, Tracker. Talk about being great at one thing.

You don’t have to be great at just one thing to create wealth, but it definitely helps.

I was speaking with a prospective client last week who is great at one thing. But he didn’t start out that way. He said he remembers dumping change on the dining room table to come up with enough money for a gallon of milk when he and his wife were raising their young family. Now he’s sitting on land worth a fortune.

I asked him why he wants to become a client of Richard C. Young & Co., Ltd. He said, “Because I’ve been reading him for twenty-years.” That’s a long-time.

My prospective client also said he doesn’t have the time—scratch that—he said he has the time but doesn’t have the interest to study the markets like we do. He doesn’t have a passion for it.

An important part about being  great at something is knowing it’s what you want to do with your time. It’s your craft. Be great at one thing and the wealth will come.

Listen to Mark Knopfler’s “Beryl” from his recently released Tracker album:

 

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E.J. Smith

Editor-in-Chief
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zilldjians. He grew-up worshiping Neil Peart of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris. Please get in touch with E.J. at ejsmith@youngresearch.com.

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