ARTICLE · 16 OCTOBER 2026
Do Listed Private Equity and Listed Real Estate Improve Family Office–Style Portfolios?
Evidence from Portfolio Optimisation, Downside Risk, and Robustness Analysis
Coming soon.
ARTICLE · 16 OCTOBER 2026
Evidence from Portfolio Optimisation, Downside Risk, and Robustness Analysis
Coming soon.

ARTICLE · 16 OCTOBER 2026
I believe intelligence is important, but it is not the only thing that determines success.
Today, we live in a world where people often believe that being smart is the key to getting ahead. We admire people with great knowledge, strong skills, and good education. But there is something else that matters just as much, if not more: our attitude, especially when life does not go the way we expected.
Being intelligent can help us make good decisions and avoid problems. But when we are already facing a difficult situation, intelligence alone may not be enough. We also need patience, the ability to control our emotions, and the strength to keep going.
One thing I have learned is that failure can teach us a lot. It shows us what did not work and helps us make better choices next time. What matters is whether we use those lessons to improve ourselves or allow failure to stop us.
In business and in life, success is not always about who starts with the most talent. Sometimes, it is about who learns from mistakes, adapts to change, and refuses to give up too easily.
Psychologist Carol Dweck, through her research at Stanford University, studied how people’s attitudes affect their learning and performance. Her work showed that the way we think about our abilities can have a strong effect on how we deal with challenges and improve over time.
She described two ways of thinking: a fixed mindset and a growth mindset.
People with a fixed mindset believe that their abilities are mostly set. They may think they are either good at something or they are not, and that there is little they can do to change it.
This way of thinking can become a problem when they face a challenge. If something feels too difficult, they may quickly believe they are not capable enough. Instead of seeing a chance to learn, they see a reason to stop trying.
People with a growth mindset think differently. They believe they can improve through effort, learning, and experience. They do not expect to be good at everything from the beginning. They understand that becoming better takes time.
This does not mean that effort alone guarantees success. It means that they are willing to learn, try new approaches, and improve their skills instead of deciding too early that they cannot do something.
Even when someone has less natural ability, a growth mindset can help them make better use of their potential because they are more willing to face challenges and learn from them.
I believe this way of thinking is especially important for anyone who wants to build a business or achieve something meaningful in life. You cannot expect to grow if you avoid every situation that makes you uncomfortable.
We all have moments when we feel helpless. Things go wrong, people reject our ideas, or we work hard without seeing the results we expected.
The important question is not whether we will face these moments. We all will. The question is how we respond to them.
We can allow disappointment to hold us back, or we can look at the situation, understand what went wrong, and decide what to do next.
Think about the stories of successful people who faced rejection before reaching their goals. Walt Disney, Oprah Winfrey, Henry Ford, and Steven Spielberg are often mentioned in stories about people who experienced setbacks during their careers.
Their journeys remind us that a difficult beginning does not have to decide the ending.
Imagine what might have happened if they had allowed every rejection to convince them that they were not good enough. They might have stopped before discovering what they could achieve.
Of course, not every setback leads to success, and not every plan deserves to be continued. Sometimes we need to change direction. But we should make that decision after learning from the experience, not simply because something became difficult.
A growth mindset helps us understand that one failure does not define who we are or what we can become.
Passion gives you a reason to keep going, especially when the work becomes difficult.
There will always be someone who has more natural talent, more experience, or more resources than you. You cannot control that. What you can control is how much you are willing to learn, how seriously you take your goals, and how much effort you put into improving.
When you truly care about something, you are more likely to keep looking for ways to get better.
But passion also needs direction. If you try to do everything at once, you may spend your time and energy on too many things without making real progress in any of them.
Warren Buffett is associated with a simple exercise often called the 5/25 technique. The idea is to write down 25 things that matter most to you, choose the five that matter most, and give those priorities your attention. The remaining items become things to be careful about because they can distract you from what matters most.
I think this is a useful reminder: you do not need to do everything. You need to understand what matters most and give it your best effort.
Fear and anxiety are normal when we are about to do something new. Starting a business, changing careers, entering a new market, or taking on a big responsibility can all feel uncomfortable.
Some people wait until they feel completely ready. They want to know every answer before taking the first step.
But the truth is that we often gain confidence through action, not by waiting for confidence to appear.
People with a growth mindset understand that they do not need to be fearless. They need to learn how to move forward even when they feel afraid.
Taking action helps turn worry into something useful. Instead of spending all your time thinking about what could go wrong, you start learning what actually works.
You may make mistakes along the way, but those mistakes can give you information that you would never have gained by doing nothing.
There is rarely a perfect time to begin. Sometimes, you need to start with what you have, learn from the experience, and improve as you go.
Growth often begins when we move beyond what is familiar to us.
It is easy to keep doing only what we already know how to do. But if we want to improve, we sometimes need to challenge ourselves, take on new responsibilities, and do things that require more effort than we are used to.
There is a well-known story about Bruce Lee and one of his students. The student used to run three miles with him. One day, when they were close to finishing their usual distance, Bruce suggested running two more miles.
The student complained that he would die if he ran any farther. Bruce challenged him, and the student became angry enough to finish the five miles. Afterward, he confronted Bruce about what he had said.
The lesson often taken from this story is that we can limit ourselves by deciding in advance what we are capable of doing.
I believe there is value in challenging our own limits. Sometimes, we are capable of more than we think, and we only discover that when we try.
This does not mean ignoring our health or pushing ourselves to the point of harm. It means not allowing every feeling of discomfort to become a reason to stop.
If you always avoid challenges, that habit can affect more than one part of your life. It can influence your work, your decisions, and your willingness to take responsibility.
You do not have to improve in huge ways every day. Even small steps matter. What is important is to keep learning and avoid becoming so comfortable that you stop growing.
People with a growth mindset understand that failure is part of the process, but they do not allow the possibility of failure to destroy their motivation.
Having a clear goal gives your efforts a direction. It helps you understand why you are doing the work, especially when the results are taking longer than expected.
If you do not believe that your efforts can lead to something better, it becomes much harder to stay motivated.
But expecting results does not mean assuming that success is guaranteed. It means believing that your actions can make a difference while remaining realistic about the challenges ahead.
Set goals, work toward them, review your progress, and learn from the results. If something is not working, look for the reason and adjust your approach.
Your goal should give you direction, not blind you to reality.
No matter how carefully we plan, unexpected problems will happen.
Markets change. Opportunities disappear. People make different decisions. Sometimes, circumstances change in ways we could not have predicted.
This is especially true in business, where a strategy that worked yesterday may not work tomorrow.
People who are willing to grow do not automatically see every problem as a reason to give up. They look for ways to respond, learn, and move forward.
Being flexible does not mean changing your goals every time something becomes difficult. It means being willing to change your methods when the situation requires it.
You may have a clear vision of where you want to go, but there can be more than one way to get there.
Sometimes, the best decision is to keep going. Sometimes, it is to try a different approach. And sometimes, it is to recognize that an opportunity is no longer right for you.
The ability to understand the difference is an important part of growth.
When things do not go our way, complaining can feel natural. We may focus on what other people did, what we did not receive, or how unfair the situation seems.
Sometimes, we do need to talk about our problems and recognize when something is wrong. But complaining without taking any action rarely changes the situation.
A growth mindset asks a different question: What can I do about this?
Instead of spending all your energy thinking about what went wrong, look at what is still within your control. Can you learn a new skill? Make a better decision? Ask for help? Change your plan? Try again with a different approach?
You may not be responsible for everything that happens to you, but you can take responsibility for how you respond.
That shift in thinking can help you stop feeling stuck and start making progress.
I believe intelligence is valuable, but it is only one part of success.
What you know matters. Your skills matter. Your experience matters. But so does your willingness to learn, your ability to deal with disappointment, and your decision to keep improving when things become difficult.
In my view, one of the biggest mistakes we can make is believing that our current abilities define our future.
You may not know how to do something today. That does not mean you cannot learn it tomorrow. You may fail at something now. That does not mean you will always fail at it.
The way forward is to stay open to learning, take action, accept useful feedback, and change your approach when necessary.
You do not need to be the smartest person in every room. You need to be willing to listen, learn, and do the work required to become better.
Your intelligence may influence where you start, but your attitude can influence how you respond, how much you learn, and how far you are willing to go.
And that is something worth working on every single day.

ARTICLE · 29 OCTOBER 2025
Wondering how to become wealthy with no money? The solution lies in shifting your mindset.
Have you ever wondered why poor people usually remain poor, while the rich are getting richer? There’s a simple explanation and it’s directly related to their attitude towards money.
When it comes to becoming wealthy, there are 2 types of people based on their money mindset
Those in the first group don’t have enough of it but also don’t take the initiative to find ways to make more of it. Instead, such people are negative towards anyone who’s wealthy.
They blame rich people for having an easy life but at the same time show signs of hatred and jealousy. That prevents them from having balance in their life and they end up being miserable.
As for money, they consider it a bad thing. They complain about never having enough of it. But at the same time, they aren’t willing to work hard to start a business or join someone else’s project because it requires a lot of time and there’s always a chance to fail.
One of the main laws of life, however, is that desire combined with action is the turning point of all accomplishment.
Which means that a man who’s set big goals such as to become wealthy with no money, must truly want to reach them.
Such a desire comes from within and it’s what drives him forward and helps him overcome obstacles such as doubts and fears.
It doesn’t come as a surprise that poor people remain poor for the rest of their lives. Their attitude towards money is wrong, their approach isn’t the right one either. And no one who doesn’t consistently do something to reach a dream deserves to be wealthy.
Let’s take a look at the second group of people according to the type of money mindset they share – the wealthy individuals.
Having an Abundance Mentality
All rich people and successful businessmen have a few things in common. Read on as this is a big part of learning how to become wealthy
First, they consider money a good thing.
Enough of it, when respected and spent in the right way, can provide for their loved ones, allow them to live an enjoyable lifestyle, and let them grow businesses and contribute to the world.
So they welcome money in their life
They see their bank account growing bigger in their head before anything actually starts to happen. That’s how they accept the abundance that’s coming towards them.
Such an attitude towards money
makes you initiative. As a result, you get rich.
Wealthy people don’t just lie in bed all day or spend time in their yachts. We’re not talking about celebrities and inheritors.
I’m describing the strategic, determined, hardworking and persistent men and women from history and of today who think big, grab opportunities when they knock on the door and are getting a step closer to the lifestyle they’ve planned for themselves every day.
They don’t take their eyes off the end goal. They create positive images in their head about money long before actually becoming wealthy. They have needs and must accumulate the amount of money necessary to meet them.
They are also different from poor people in how they talk about money.
They show respect, use powerful words, aren’t afraid to say they will own a lot of it a year from now and are even excited about all the new doors this financial freedom will open up for them.
In a nutshell, your mentality defines how to become wealthy with no money.
If you have a fixed mindset, you’ll accept that you have limits and just aren’t destined to have a lot of money.
The smarter approach towards decision making is to just pick one option and believe in yourself to such an extent, that you will make the most of it. It’s about being resourceful, determined and courageous.
Regardless of whether it’s money you want more of, career success, better social life and more meaningful relationships, or else, it’s always the one taking action who wins.
That’s also what helps you develop a positive attitude towards money and become wealthy.

ARTICLE · 29 OCTOBER 2025
Maintaining a positive attitude all through life impacts one’s social status, physical health, and long term success. Many people only want to hangout with others that have good attitudes. They also enjoy being in the presence of others who have the ability to lift them up when they are down. Having a good attitude shows a person’s character in a positive way. A good attitude is the start to a good future, and a lot of success. Positive attitudes create a lot of wonderful opportunities in and outside of the workforce. Overall, a good personal character will create an easier route to achieve difficult goals and tasks causing a more trustworthy person to be created.
Attitude changes everything – it can change your life
Attitude changes everything. Change your attitude and you can change your life. You cannot always control what happens to you in life, but you can always control how you respond to the challenges or difficult situations you encounter. The attitude you approach anything with is entirely your choice. The way you choose to respond mirrors your attitude and so by changing your attitude you can change your perspective and change your life. Your attitude reflects the way you see the world and how you live in it. It affects every aspect of your life, your happiness, relationships, health, wellbeing and success. Developing a positive attitude that you apply with action can change the way you live your life regardless of the challenges or adversity you face. In this post I want to share with you some of the ways attitude can change the way you live your life.
It’s your reaction to adversity, not adversity itself that determines how your life’s story will develop
The attitude you choose will determine the outcome
Select the most useful attitude that will help you with the challenges you face. The attitude you choose will determine how successful you will manage the challenge or situation. Consider how that attitude will determine what you say, your behaviour and action and what will be the outcome.
Always take action with a purpose
Before you take any action, decide how it will serve your greater goals. Act with thought and consideration when choosing an attitude that will help you take the actions that will manage the challenges you face.
Move out of your comfort zone
If you stay stuck in your comfort zone, it may seem safe and familiar but if you don’t challenge yourself nothing will ever change. If you don’t stretch yourself every day, you will never find out what you are truly capable of. Have a go, take a risk and transition from your comfort zone into your growth zone where you will gain purpose, live your dreams, set goals and overcome the obstacles that have been holding you back.
Take action without expecting success
Change happens and confidence grows from taking action. It’s where you learn most about yourself and build resilience. Of course, you have to make decisions and plan your actions to achieve the results you want, but it’s a big mistake to expect those results and then be upset or downhearted when you don’t get them. Take the best action you can but don’t fixate about the result.
Use setbacks or disappointments to learn from and to build resilience.
Rather than feeling bad if you fail, reflect on your actions and see what you can do to better or learn what to do next. Growth comes from failing and learning, again and again. Seek out those who share your positive attitude. It’s a known fact that your brain automatically copies the behaviors of the people around you. Therefore, it makes sense to surround yourself with people who have a positive and proactive attitude and move away those who are unduly negative or drain your energy.
Practice gratitude more frequently
Achieving an “attitude of gratitude” entails more than simply recognizing what’s wonderful in your own life. Take action by thanking other people for their gifts or kindness to you, even if that gift is something as simple as a smile or an acknowledgement. Don’t take yourself too seriously. If you want to be happier nurture the ability to laugh at yourself. It will help to balance your drive and purpose with a dash of gentle humor and fun.
If you are facing a challenge or difficulty today, what attitude will you choose to help yourself?
What action will you take as a result?
If this post has been helpful please share it with other women who may benefit from reading it.
Connect with me on mail@puran.info
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