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July 29, 2019

4 Tenants of Successful Investing: If You’re Gonna Do It – DO IT!

This is the second of a four part series on the parallels I’ve observed as a basketball coach, between the life lessons of sports, and successful objective driven investing.

One uncompromisable tenant of every team that I coach is that my players will give everything 100% of their best effort.  If it’s worth doing, then it’s worth nothing less.  All or nothing.  Said another way, if you’re gonna do it, DO IT!.

There are plenty of places in life where something less than 100% is not only acceptable, its fantastic. 

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4 Tenants of Successful Investing: If It Is To Be It Is Up To Me

Today, we’re going to examine the ten most important two letter words in the English language.  If it is to be it is up to me.  When I’m coaching a team, I remind my players that 90% of basketball is played between your ears.  Only you have control over your own grey matter.  Therefore, if it is to be (that I control my emotions) it is up to me.

We talk about striving for perfection, but never being perfect.  We’re all going to make mistakes. 

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