In this episode of the Wisdom for Business & Life podcast, Levi Brackman talks about what a society that wants to all be in the investors class rather than the creator of intrinsic value class looks like. With everyone chasing "get-rich-quick" schemes of investing in something and selling it at a much higher price for a profit without adding value, bubbles form. And because people create fewer items of real value, buying them becomes much more expensive, and costs go up. Creating intrinsic value is difficult and takes time and effort; most people don't like to do it. But as inflation and interest rates rise, now is the best time to invest in value creation. Think about what value you can bring to the world. It may be honing your skills or starting a new business to address a problem, as long as it has value -- the universe rewards those who invest in actual intrinsic value. It will pay off dividends massively in the future.
Levi Brackman is a former rabbi, Ph.D. in psychology, best-selling author of Jewish Wisdom for Business Success, and founder of Invown, a platform for real estate fundraising and investing.