Most people recognize the benefits of individuality, but the fact is that personal economic success requires conformity.
Personal economic success might be due either to ones investment strategy or to ones work or career. With respect to the former, non-conformists with enough risk tolerance and patience invariably achieve more success than conformists. With respect to the latter, while non-conformists are more likely to succeed in newer industries where markets and technology are in constant flux, conformists are more likely to succeed in traditional service industries ensconced in systems and regulations.
Regarding the sort of economic success that results from investing ones wealth, the principles of investing dictate that those who seek risky investments in areas that are out of favor with the majority of investors ultimately reap higher returns than those who follow the crowd. It is conformists who invest, along with most other investors, in areas that are currently the most profitable, and popular. However, popular investments tend to be overpriced, and in the long run their values will come down to reasonable levels. As a result, given enough time conformists tend to reap lower rewards from their investments than nonconformists do.
Turning to the sort of economic success that one achieves by way of ones work, neither conformists nor non-conformists necessarily achieve greater success than the other group.
In consumer-driven industries, where innovation, product differentiation and creativity are crucial to lasting success, non-conformists who take unique approaches tend to recognize emerging trends and to rise above their peers. For example, Ted Turners departure from the traditional format of the other television networks, and the responsiveness of Amazons Jeff Bezos to burgeoning Internet commerce, propelled these two non-conformists into leadership positions in their industries. Particularly in technology industries, where there are no conventional practices or ways of thinking to begin with, people who cling to last years paradigm, or to the status quo in general, are soon left behind by coworkers and competing firms.
However, in traditional service industries--such as finance, accounting, insurance, legal services, and health care--personal economic success comes not to non-conformists but rather to those who can work most effectively within the constraints of established practices, policies and regulations. Of course, a clever idea for structuring a deal, or a creative legal maneuver, might play a role in winning smaller battles along the way. But such tactics are those of conformists who are playing by the same ground rules as their peers; winners are just better at the game.
In conclusion, non-conformists with sufficient risk tolerance and patience are invariably the most successful investors in the long run. When it comes to careers, however, while non-conformists tend to be more successful in technology- and consumer-driven industries, traditionalists are the winners in system-driven industries pervaded by policy, regulation, and bureaucracy.
民调:布什支持率跌至历史新低
50岁后减肥或降低患乳腺癌的风险
Google助手的手机版终于能翻译语音了
上海市民平均寿命达80.97岁
争议!欧盟色情视频惊现YouTube-英语点津
撒切尔夫人:香港没有让我失望
英国第一夫人之初印象
国内英语资讯:Central govnt fully supports Macao chief executives work: Xi
国内英语资讯:Xi Focus: Chinese president speaks highly of Macaos patriotic education, urges increased e
体坛英语资讯:Chinas football academy, veteran coach awarded by AFC for youth development
国内英语资讯:Chinese, Russian FMs hold phone conversation over bilateral coordination
一把木吉他送给布莱尔……
国内英语资讯:Xi Focus: President Xi commends Macaos historic achievements since return to motherland
大麻蒸汽烟或导致健康问题
国内英语资讯:Senior official urges efforts to end poverty on time
调查:选秀节目风光不再
英国预测:2020年还将延续“史上最热年份”
威廉王子25岁了!
体坛英语资讯:Defending champion Zverev reaches semis at ATP Finals
《你如此美丽》获封“最烦人歌曲”
唱给戴安娜王妃的歌……-英语点津
新型的悬浮火车超级快,可能要取代飞机
国内英语资讯:China Focus: Upcoming China-Japan-ROK leaders meeting to chart course for future cooperati
布什总统的父亲节!
体坛英语资讯:Chile cancels soccer friendly with Peru
体坛英语资讯:Medvedeva leads over Trusova in ladies short program at ISU Grand Prix Rostelecom Cup
联合国的气候峰会,又没解决问题
温网的另类观众:松鼠、鸽子、裸奔者-英语点津
为什么冬天总要上厕所?
奇闻:韩国机器人做婚礼司仪
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |