Apart from observation and deduction, if there’s an important skill that an investor or analyst must bring to the table while making investment decisions, it is ‘imagination’. It is, after all, imagination that helps us make relevant connections that are not entirely obvious, between data or information about a business that may appear disparate at first.
Logic will get you from A to B. Imagination will take you everywhere. ~ Albert Einstein
First comes thought; then organization of that thought, into ideas and plans; then transformation of those plans into reality. The beginning, as you will observe, is in your imagination. ~ Napoleon Hill
Having a five-year-old means that I’m always attuned to what’s new in kids’ entertainment – whether it’s books, movies, or YouTube videos. So, while browsing through the video library on my laptop some days back, I came across this video that was created to celebrate the 150th anniversary of Lewis Carrol’s children’s classic, Alice’s Adventures in Wonderland.
The emphasis in this video was on the use of imagination. The first scene presented Alice and her entire family having a Her family endeavour to convince her otherwise, pointing to possible mundane things that can become magical in their opening song: the rabbits in the field, the father’s pack of cards, or a caterpillar (of course prefiguring some of the best-known scenes in the book). And sure enough, the white rabbit appears, prompting Alice to follow him down the rabbit hole.
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