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Most people recognize the benefits of individuality, but the fact is that personal economic success requires conformity. Personal economic success might be due either to ones investment strategy or to ones work or career. With respect to the former, non-conformists with enough risk tolerance and patience invariably achieve more success than conformists. With respect to the latter, while non-conformists are more likely to succeed in newer industries where markets and technology are in constant flux, conformists are more likely to succeed in traditional service industries ensconced in systems and regulations. Regarding the sort of economic success that results from investing ones wealth, the principles of investing dictate that those who seek risky investments in areas that are out of favor with the majority of investors ultimately reap higher returns than those who follow the crowd. It is conformists who invest, along with most other investors, in areas that are currently the most profitable, and popular. However, popular investments tend to be overpriced, and in the long run their values will come down to reasonable levels. As a result, given enough time conformists tend to reap lower rewards from their investments than nonconformists do. Turning to the sort of economic success that one achieves by way of ones work, neither conformists nor non-conformists necessarily achieve greater success than the other group. | 
