We try to follow the biographies of influential people who have gone from zero to the most successful people in the world. This is an attempt to find a match with our view and consciousness about influential people and to implement the strategy in the same way. A conscious investor never spends his last money he always tries to have a backup fund. This is because investment is an uncertain plan. Here after you buy, the price may go down and it may continue for a long time. In that situation, you should not sell at a loss. You have to reduce the purchase price by making small purchases and finally you profit. Your road to your financial security will not be smooth. By determining the right plan and strategy you will save money.
We do that, because we have nothing, and we want to have everything as well. We do not know how that is done, so we read others who did it, and assume that just by reading it, we could learn something that they did, which we can use in our life to get there too. In most cases, it is not that easy to replicate what others did. I remember a will smith movie, a dude who was so poor, he had to live and sleep at subway bathrooms at times, with his kid no less, and he still managed to sell his company for millions eventually.
And it made it look like the point was that he worked hard to get there, but that is not the point. There are two key stories to take away from that movie, first of all he figured out a job he could be hired if he did well, most people in the world don't find that job. Secondly resilience, he didn't give up even though there were many situations where he could have, and many would have. If you find these two in you, then you will be fine.