Having a Ph.D. in Geology might not be the typical setup when it comes to being an investor. However, Matt Badiali climbed the top of the investing ladder with the help of his knowledge in Geology. Since 2004, he has been working in the field that is rather a very different war from before with his investment newsletter Real Wealth Strategist. In an interview, he gave insights on his success and on the market.
THE START OF THE NEWSLETTER SETUP
The natural resource sector is one of the hardest investment field out there. If you want to be successful in this field, you should have what it takes to predict its cycles and speculate the best time and outcome. In short, you need to understand what’s going on in the finance side and on the science side. About Matt Badiali, he has a B.S. in Earth Sciences from Penn State University. In addition to that, he is also a Master of Science in Geology from Florida Atlantic University. Since he is the perfect one in the job, he dedicates himself to help his readers in investing.
THE TYPICAL DAY IN THE LIFE OF Matt BADIALI
Matt Badiali says that he is more productive in the morning than in the afternoon. First, he will see his daughters off to school at 6:30 AM and spend the rest of the time watching the morning news. He will then start writing for his page at 8:00 AM and will be writing during the first three hours of his day. After lunch, he will either go to the gym, take care of phone calls, attend meetings, or read. He will then finish his day by writing more for an hour.
THE TREND THAT EXCITES HIM
Matt Badiali believes that the business world is on a brink of major change in energy consumption. He also thinks that this shift to electricity is as important as when the world shifted from whale oil to kerosene. However, he believes that this won’t happen until the perfect battery that can power a small city would be invented.
HIS BEST RECOMMENDATION
His business recommendation is simple enough yet important. He recommends reading every now and then because you simply can’t read enough. He recommended reading through The Wall Street Journal, Bloomberg, The Mining Journal, and the others.