What Do You Want to Hear?
We all want results, but too many people want it the way they want it and not the way it has to be. We’re suckers for a good story. We want to believe and feel the hope. To protect yourself against enticing stories and sales pitches, one question I recommend asking is “how do you […]
Plant Many Seeds. Make Lots of Small Bets.
One seed = one opportunity Many seeds = many opportunities Farmers plant thousands of seeds because they don’t know which ones will produce food and which ones won’t. Production studios fund a lot of movies per year. Venture Capitalists make dozens of investments. Amazon doesn’t sell one genre of goods. They sell literally everything. When […]
Respecting Investors
The markets have a way of stirring up our unresolved issues. If you don’t have a means of addressing your anger, for example, in a healthy way then you’ll find yourself using the markets as the mechanism to get in touch with it. This is likely to serve as a very expensive life lesson. Everyone […]
What Would You Rather?
Would you rather get shot from 50 feet or 500 feet? Intuition says 500 feet, right? Well, mine does anyway. Knowing nothing about weaponry or the physics of bullet travel, my intu-wishin’ wants to believe that it would likely hurt less and do less damage when getting shot from a much further distance. But then […]
The Curse of Survival
A young lion is majestic. A pure power look that you’d frame on the wall. But the young ones don’t have the scars of survival yet. They haven’t been battle-tested. They haven’t had to protect their young or territory against a rival pride. They haven’t had to defend their kills against hyenas or compete for […]
Breaking News — Cocoa is in a Bubble
Very few “Breaking News” flashes are actually that important. And almost none of them influence market trends in a meaningful way. The markets have likely been discounting this latest headline for a while now. Deep down we know watching and listening to media all day long isn’t the way to win. It’s only to mask […]