Saturday, March 31, 2012

TIMING is EVERYTHING ! + The WISDOM of LOSING.

The secret to riches is the same as the secret to comedy - TIMING!

From the movie "A Good Year". (This is in regards to buying and selling in the stock and bond market). The opening trading scene from this movie is a Must Watch for MBA students. What a pleasure to watch and learn, for ALFs (Aggressive Little Flunky) on the trading floor.

More wisdom from the movie:
  • A man should acknowledge his losses just as gracefully as he celebrates his victories.
  • A man learns nothing much from winning.
  • The act of losing however, can elicit great wisdom.
  • It is inevitable to lose once in a while. The trick is, not to make a habit out of it!
  • Once you find something good, you have to take care of it; You have to let it grow!

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