Rule #1 Finance Blog

With Investor Phil Town

How to be Thankful in Life & Investing

As many of you know, I attribute a great amount of my success to the fact that I regularly practice gratitude in all things in my life. Around the holidays I like to encourage everyone to show appreciation for all of the wonderful gifts that we have in life. I’m thankful for my wonderful wife Melissa, my family, all of the investors who have taught me what I know, my horses, and of course all of you. Without you, Rule #1 Investing wouldn’t be possible.

Years ago, I spent some time in Japan with a good friend of mine named Wahei Takeda. He’s known as the Warren Buffett of Japan, who made his entire fortune from scratch in post WWII Japan. Let me share with you what he told me about being thankful…

Wahei told me that the most important thing that you can do every day, the thing that was responsible for him making billions of dollars, is:

“Be thankful 1,000 times a day.”

I loved hearing this. I felt like I’ve been doing it my whole life, but I’ve never heard anyone put it into a formula for making money and using it as a guide to investing. Wahei calls it, “Maro Up.” “Maro” means, being thankful.

When Wahei buys a company, he goes to the CEO and tells them that he wants them to learn the technique of being thankful.

This idea of being thankful must be really basic and fundamental to some kind of law of nature. It rises up to support you. That’s what I’ve seen in my life.

What are You Thankful For?

I want you guys to think about practicing this, because it’s so simple. All you have to do is be aware to be thankful, and do it as much as you can.

Be thankful for the blue sky. Be thankful for your wife making you breakfast. Just be thankful for being alive and breathing the air.

That’s all it is. Put yourself in that psychological position of thankfulness. Find the things to be grateful for every day. I’ll tell you there’s something about it that’s so powerful. It turned Wahei, who was poor, struggling in a country that had been devastated, into a billionaire.

If it worked for him, we should try it too.

Be really thankful. Do it 1,000 times a day. Use that in your Rule #1 Investing to guide you as a way to feel about everything you are doing. I think you’ll start making better decisions, and I think that you’ll start getting support from nature in ways that you never imagined.

Now go play.


Learn to invest in companies that you love and believe in. Invest in a business that you think is out there to change the world. That’s how you make the world a better place. If you haven’t taken the next step and signed up for my free webinar, take a minute and sign up for next weeks Transformational Investing Webinar where I can show you how to invest with passion.

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Phil Town is an investment advisor, hedge fund manager, 3x NY Times best-selling author, ex-Grand Canyon river guide and a former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence. You can follow him on google+, facebook, and twitter.