Consider the facts. Since February 3rd, our markets have zig-zaged like some student flight test. No one passed out the market sickness bags.
But then, if you need one of those, you’re probably in the wrong place. Volatility unnerves most investors, particularly the privateers such as ourselves.
Our best market student and teacher, Jim Cramer, calls these investors “the weak hands.” He plainly refers to such players as the “biggest threat” to your investment dollar.
No mean spiritedness exists in this view. The truth is the truth. Trafficking in misconception invariably leads to dead end alleyways, and market losses.
STOCKjAW has said it before–the market is a hard dollar. Brute fear is only the beginning. February 3 reminded many how hard the market can punch back.
Yeah, it’s a savage image. This exact energy is a religious icon for Wall Street. Remember Anthony Scaramucci? Profane and tough as dirt.
Ugly toughness as an investing requirement comes as no surprise to anyone with any time in the battle. Staying power is the ground on which success can be built. Who knows though. Well, you probably do.
Yet calling on this inner mettle is what we must learn to do, learn to practice. It’s what we can then rely on when that sleazy punk Chicken Little goes off, and he always does.
Perhaps some view investing as a cake walk, a manicure, a joy ride in your neighbor’s car. No, not really. We see that fact every time the market acts up, like on Feb. 3.
STOCKjAW has nine years in; less then some and more than many. But so what? Time really isn’t the point.
Accrued knowledge, wisdom, and guiding experience are the elements that determine outcomes, except when the market decides otherwise. And that’s what we’re talking about.
If you want the goods, you pay the price. Otherwise you’re spit out by the market dragon. Losses and sour sweat stink are part of it. The trick is learning how to enjoy. Wasn’t it the Marines who taught us to “embrace the suck?”
2 thoughts on “Ugly Tough. The One Power Every Investor Must Gain.”
i’VE HURD THE gREEN bEREAS AND nAVY sEALS SPEND SOME TIME IN THE SUCK ALSO……
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YOU KNOW i DID NOT MEAN TO LEAVE OUT THE AIR FORCE AND COAST GUARD. I WAS THINKING MUD, NOT AIR AND WATER. YOU HAVE TO GIVE BLESSINGS TO THE PILOT OF A FIGHTER AIRCRAFT WHO WILL PULL A 9G TURN TO REMOVE FOE FROM OUR AIRSPACE. YOU ALSO SHOULD GIVE THANKS TO THE COAST GUARD FOR KEEPING OUR WATERWAYS FREE OF ASSHLOES INTENDING TO DISTROY AMERICA BY SEA AND TRUST ME WHEN I SAY THERE IS A LOT OF COASTLINE TO PROTECT..
MAKING AMERICA GREAT AGAIN IS ANOTHER WAY OF SAYING OPPORTUNITIES EXIST FOR YOU TO INVEST YOUR MONEY IN OUR MILITARY INDUSTRIAL COMPLEX WIT5OUT WE WOULD HAVE UNCONTROLLABLE UNEMPLOYMENT AND A SUCKER FOR ANY ENEMY TO RIP US A NEWONE.
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