The super wealthy don’t check their stock holdings every day because they realize its hazardous to their wealth, said Paul Sullivan, author of ‘The Thin Green Line.’ Sullivan added that the super wealthy know that micromanaging their portfolios induces bad behavior because the stock market is something they cannot control. He said the very rich maintain their wealth by having the self-control to ‘not touch the principal’. Sullivan said the wealthy also understand that inequality exists and believe that education – especially between ages 3 and 8 – and self-motivation are primary ways to break through to the other side of the ‘thin green line.’
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