Making Money from Specialised Knowledge
Burla Sujata, the famous Indian Stock Market Queen, is someone who makes use of her specialised knowledge to make money. Having general knowledge only makes us Jack of all trades and master of none. Specialised knowledge is about having in-depth understanding in a narrow field. All these would make us not make us rich unless we know how to organise and use the knowledge after we have acquired it, according to Napoleon Hill.
We only study something in depth in school, or through night classes, or through self-reading. We may attend courses. However, we need to apply what we have learnt, if not we would have wasted our time learning.
Ms Sujata applied her knowledge of the stock market after she started reading up voraciously. She constantly checked whether her stocks were doing well. Instead of just reading up from one source, she organised all her knowledge into picking the great stocks. This action leads her to success.
Putting specialised knowledge to good use reminds me of Sex and the City, starring Sarah Jessica Parker. She is always wearing beautiful expensive super high heel shoes, and she has influenced a lot of women around the world. In order to fit better into such shoes, women actually go for cosmetic surgery in Manhattan to surgically alter their feet. Surgeons who are able to catch onto such trends would be able to make loads of money by putting their specialised knowledge to good use.
What specialised knowledge do you have that you can make good money with? Options trading? Stock investing? Gold investing?
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