Young people should not invest their time in the skills and expertise of traditional industries; it's hard to outperform them.
They have already accumulated decades of experience, connections, and resource barriers in those fields. Learn new things that they don't know or are not good at, and enter new fields where the rules haven't been fully established yet. Young people should also avoid investing money in the traditional stock market. That is a battlefield already deeply occupied by vested interests. Seek out emerging industries, emerging markets, and new growth curves, and don't carry water for old players. What you need to do is become the next generation's vested interests.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Young people should not invest their time in the skills and expertise of traditional industries; it's hard to outperform them.
They have already accumulated decades of experience, connections, and resource barriers in those fields.
Learn new things that they don't know or are not good at, and enter new fields where the rules haven't been fully established yet.
Young people should also avoid investing money in the traditional stock market.
That is a battlefield already deeply occupied by vested interests.
Seek out emerging industries, emerging markets, and new growth curves, and don't carry water for old players.
What you need to do is become the next generation's vested interests.