Samuel Johnson once said that courage is the most necessary of virtues, as without courage, it would be impossible to exercise any of the other virtues. In terms of leading a life of accomplishment, having a strong work ethic is the most necessary of prerequisites, as without a strong work ethic, it would be impossible to realize any ambition that involves production.
The difficult fact is that a work ethic does not automatically compound. With investing, there is a passive element to it. If you own 100 shares of Coca-Cola, you can do absolutely nothing, and as long as those shares remain in the name of yourself or something you own, you’re going to receive that $156 in dividend income without any further action required on your part.