Think of one of the wealthiest people that you know in the world. Being students of wealth creation, we believe we will now identify the Five Laws that this person has used to create their wealth. Ask yourself, do they:
- Own a few high quality businesses
- Have a deep and thorough understanding of those businesses
- Have those businesses domiciled in strong growth industries
- Prudently use other people’s (borrowed) money
- Invest and hold for the long term
Is this how your investment portfolio has been built? Should your personal wealth creation strategy have these five attributes? With Team Moir, the answer to all five of the laws is a resounding yes!