The Sacred Truths of Investing: Finding Growth Stocks that Will Make You Rich by Louis Navellier

Part I
 Foundational Ideas

1
 To Build a Solid Foundation, Use Bricks
 Here's a sacred truth that applies not just to investing but to life at large:
 who we are and how we perceive the world has a lot to do with our roots.
 Yes, lineage matters. But it's also the coincidences and chance encounters in
 our backgrounds that make a big difference too. Both apply in my case.
 I grew up in the Bay Area, specifically, in El Cerrito, California, a block off
 Navellier Street. Having a street named after our family wasn't because we
 were the town's wealthiest or most prestigious citizens or because our
 ancestors committed extraordinary acts of civic achievement.
 It had to do with longevity. Many of the streets in El Cerrito are named after
 early homesteaders who came to California following the gold rush.
 Initially, the town was called Rust after Wilhelm F. Rust, a German
 immigrant who arrived there in 1883. The population grew as refugees from
 the San Francisco earthquake and fire settled there, and in 1917 my town
 was renamed El Cerrito.
 It was my great grandfather and namesake, Louis, who immigrated to the
 area in the 1880s, and it was his time there as a teacher that got him a lot of
 land, as well as his street. Back then land was granted for free to those who
 would settle it, and initially, he had quite a few acres, but a lot of it was lost
 during the Depression. He came from Oloron‐Sainte‐Marie in the French
 Basque country. I think this is a not insignificant part of my makeup. The
 Basque are known to be fiercely independent, larger than most Europeans,
 and lovers of fine cuisine. Check, check, and check.
 My grandfather did live on Navellier Street, and we lived behind him on
 Scott Street. Our houses backed up to one another, and my father and uncle
 built on land where my great grandfather had a chicken coop and a garden.
 Unfortunately, a bobcat got into my great grandfather's chicken coop, so
 that was tragic. Interestingly, the home my dad built was on the old family
 garden and had well water, which came in handy during the California
 drought in the 1980s.

The Sacred Truths of Investing: Finding Growth Stocks that Will Make You Rich by Louis Navellier