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The concept of "Mentoring"
Posted on 9/6/23 at 9:03 am
Posted on 9/6/23 at 9:03 am
Saw this a couple of days ago: Spontaneous Exchange: A young man asks for advice
I think the concept of Mentoring is terribly underserved in today's culture... especially in the "Get-Rich-Quick" sector.
When I was a young Grasshopper, I too knew it all and placed little importance on those that came before us. I wish I could have those days back.
Q: Do you feel an obligation to share your business/investing/general outlook experience with the Grasshoppers of today?
Q: Is there a cultural resentment/indignation in play today between experienced old farts and the GEN Z's that compromises Mentoring?
This post was edited on 9/6/23 at 9:20 am
7
Posted on 9/6/23 at 9:07 am to tigerpawl
It is the same as it always was. This board is the same as you describe.
Usually younger investors posting their get rich quick schemes, and older investors picking holes in their "research". They stick around a few months pumping their bags then they disappear. I worry that there was way more of this than in the past just so to easy access to trading more risky plays. These "investors" typically come away with the same mindset that the world is stacked against them, and the game is rigged.
Usually younger investors posting their get rich quick schemes, and older investors picking holes in their "research". They stick around a few months pumping their bags then they disappear. I worry that there was way more of this than in the past just so to easy access to trading more risky plays. These "investors" typically come away with the same mindset that the world is stacked against them, and the game is rigged.
Posted on 9/6/23 at 9:47 am to tigerpawl
The best mentor is trial and error, making mistakes, learning and optimizing.
It is always good to have a seasoned person to bounce ideas off of and get advice, but learning hands on is the best mentor.
It is always good to have a seasoned person to bounce ideas off of and get advice, but learning hands on is the best mentor.
Posted on 9/6/23 at 11:24 am to tigerpawl
More and more people have a scarcity mentality these days. That works against mentoring.
We used to beleive that if you and I both work hard, we could both be successful.
Now, too many people believe that if you and I work hard, then you are taking money away from me, so not only should I not help you, but I should do what I can to knock you down.
We used to beleive that if you and I both work hard, we could both be successful.
Now, too many people believe that if you and I work hard, then you are taking money away from me, so not only should I not help you, but I should do what I can to knock you down.
Posted on 9/6/23 at 11:26 am to tigerpawl
(no message)
This post was edited on 12/11/23 at 9:42 am
Posted on 9/6/23 at 11:27 am to tigerpawl
quote:
Q: Do you feel an obligation to share your business/investing/general outlook experience with the Grasshoppers of today?
I believe most would like to, but the receptive audience is very small and it's something that plays out over months and years so hard to maintain that dynamic for some.
quote:
Q: Is there a cultural resentment/indignation in play today between experienced old farts and the GEN Z's that compromises Mentoring?
I think the way Boomers and older millenials acquired wealth and navigated through this world is so dramatically different from how Gen Z and Gen A will have to do it that's there is certainly a disconnect. My dad, for example, can not understand how my job even exists let alone how I can hop jobs every 2-3 years for big pay raises. Also the old real estate advice, the stock market investing, save your money to buy a house. None of it applies the same way and older folk just can't grasp the younger realities.
Posted on 9/6/23 at 12:49 pm to tigerpawl
Mentorship is only valuable if you are in the trenches and have specific situational scenarios to ask a mentor about.
Posted on 9/6/23 at 7:46 pm to tigerpawl
quote:
Q: Do you feel an obligation to share your business/investing/general outlook experience with the Grasshoppers of today?
Yes, I intentionally mentor students each year. It’s typically Masters program students that are working through next steps in career journey. I really enjoy the opportunity to meet the students and provide some structure.
quote:
Q: Is there a cultural resentment/indignation in play today between experienced old farts and the GEN Z's that compromises Mentoring?
I’m a millennial so I don’t see that issue. The world has changed a lot between Boomers and Gen Z and Alpha. I think millennials play a critical role in bridging generations that otherwise struggle to relate (and justifiably so…their worlds are not and never were comparable due to the rise of technology).
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