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Financial wealth is a dream shared by many. How else to explain the billions of dollars spent on lottery tickets every year? Instead of leaving financial success to luck, some people prefer to earn their money through work, investments, and the occasional stock market gamble. While there is no 100% guarantee of high returns on every financial risk, it is possible to become a financial genius who is capable of recognizing and reducing risk and avoiding financial disaster.

Study the Basics
There are countless classes, books, and webinars offering to teach various methods of getting rich. These should be avoided. A genius may have an inborn talent for money and figures, but they still take the time to master the basics: math, economic theory, financial markets, and how various investments work. They also spend time learning the legal regulations associated with financial transactions.

Find a Mentor
Mentorship is underrated in many fields and most people mistakenly see a genius as a solitary figure. In fact, most geniuses in any field usually have one person they look up to and go to for advice. This is usually someone who has achieved a level of success but has also experienced failures. Both failure and success provide lessons that a mentor can pass on to the budding genius.

Take Calculated Risks
Eventually a genius is going to have to put their knowledge and theories to the test. This means actually investing in companies, stocks, futures, etc. Make sure that the risks associated with the investment have been carefully calculated and that steps are taken to further reduce the risks. An acceptance of the risk means understanding that the investment may fail to produce the expected profits or it may fail all together. Being comfortable with risk and being willing to accept the consequences are key character traits of a financial genius.

Never Stop Learning
Financial markets are constantly changing. New opportunities, technologies, and even entire industries are being developed all the time. Regulations are constantly changing, expanding, or even being eliminated. Economists develop new theories and interest rates and bank policies change. A true financial genius keeps up on all of this and still finds time to monitor what their competitors and cohorts are doing with their money.


Learning from their own actions is perhaps the most important part of being a genius. Einstein’s theories were not built out of thin air. They were built on top of previous theories and experiments, some failures and some successes, that increased the physicist’s overall understanding of his field and his ability to succeed within it. Taking financial risks, making new investments, and learning from those experiences are the keys to proving one’s financial genius.