The framework for wealth creation involves factors such as value creation, value capture/control, leverage, compounding, over-consumption, catastrophe avoidance, and societal impact. Assessing one's position within this framework helps understand key drivers in wealth accumulation. Consider economic value creation, capture/control, leverage application, compounding potential, consumption, risk mitigation, societal contribution, and legacy planning. Mastering these aspects leads to wealth accumulation and responsible utilization.
Excellent article! Great thought process.
We worked through a very similar mental process recently. We wrote down our thoughts is a two-part series on The Wealth Creation System.
https://specialsituationinvesting.substack.com/p/wealth-creation-system-part-1
Thanks for sharing! Love the sport analogy to frame the process.
Wonderfully compressed, great work!
Thank you!
Superb article. Simply superb. Thank you for sharing.
Thank you, Prabir!
The framework for wealth creation involves factors such as value creation, value capture/control, leverage, compounding, over-consumption, catastrophe avoidance, and societal impact. Assessing one's position within this framework helps understand key drivers in wealth accumulation. Consider economic value creation, capture/control, leverage application, compounding potential, consumption, risk mitigation, societal contribution, and legacy planning. Mastering these aspects leads to wealth accumulation and responsible utilization.
Powerful article. It captures of the essence or wealth vreation