Paradoxically, the further I advance on the path to financial independence, the more I understand my boss. Sure, on the one hand he alienates the added value of my work (according to Marxist theories), but on the other hand every penny spent on one of his employees is one less dividend in his pocket.
An entrepreneur and a traveler on the road to independence have a lot in common. Both want to be free and responsible for the course of their lives. They are building a long-term project that will allow them to become financially independent. For both, the path is as important as the goal. Their quest has an economic and tangible side, but also (and above all) an introspective and personal one.
In fact, I even believe that some aspects of the bosses that I dislike so much are necessary qualities in order to become financially independent. Let's just think, for example, of their constant concern to rationalize and save. As an employee, it annoys us to hear the same excuses every year for not giving ourselves a salary. On the other hand, as a future rentier, it is necessary to put a little money aside every month. Above all, we are very happy that the companies that we own in our portfolio show wisdom in the use of their profits, so that they continue to pay us dividends... as for our boss.
I have said it several times before: the path to independence is schizophrenic. We are both employees and bosses. Employees because we are forced to temporarily go through this to save and invest money intelligently. Bosses because we become free and responsible for our lives, and we own small parts of companies acquired on the stock market.
Bosses and budding rentiers also have very similar psychological characteristics. According to the MBTI, the typical profile of the director is ENTJ. Among the pilgrims in search of financial independence, we encounter a lot ofINTJ. Only the "extraversion" dimension distinguishes them... Future rentiers would therefore simply be "bosses" turned towards their inner life, leaders towards themselves.
So it could well be that this side of business leaders that sometimes bothers me so much is in fact simply a reflection of my own personality...
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Very good article on the qualities of a good portfolio manager.
For me, portfolio management is very similar to business management:
http://revenusetdividendes.com/gerer-son-portefeuille-cest-comme-gerer-une-entreprise/
Managing your portfolio and your savings is like being your own boss!
Bertrand