Great wealth, vast fortunes, and mega-rich were created during the Industrial Revolution. The same is going on today during the Information Revolution. ** Trends and changes that changes the economy Use active income -> Invest in asset -> Generate passive ** Value investing - buy good company at sensible price ABCD Assess Buy (when to buy, how much--buy when reach good value) Cash flow(options) Direct compound **After every crisis, recovery follow Example of good stocks: Ebix, Kors, hlf, Motivation Understand the WHY that push you.... Take action.... Steps Good company has good track record, consistent profit Buy below value, sell above value Come up with shopping list To read: The snowball