How Monopoly can help to make a better investor
That is not to say that picking shares should ever be decided by a throw of the dice
MOST of us have played Monopoly at some time or another. It is one of those games that we probably love to hate. We love it because it is a good way to pit our wits against other players. But any enthusiasm we may have for the game starts to wear a little thin after a few hours. It can sometimes be a test of endurance.
Some people do take Monopoly seriously, though. It seems that one group of players were so competitive that the game lasted for 70 straight days. That takes perseverance to the extreme. Some players might even analyse which of the properties on the Monopoly board could produce the highest returns.
I am an occasional player since it was popularised in the 1970s. It is an easy game to play but a hard one to master. That is probably one of the many similarities that I have noticed between Monopoly and investing. Buying shares is easy, but mastering investing can be a different matter.
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