Financial Investing Radio
FIR 52: Why CAN'T I EXECUTE on My PLAN???
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:10:58
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Sinopsis
Being able to execute on a plan is one of the main aspects of making investing and trading work effectively. It turns out this is easier said than done. One time we were backpacking in the Rocky Mountains, we had been in the mountains for about one week, and we decided to take a day hike up to one of the nearby peaks. We mapped out the trail and the route to get there; which meant that a fast-moving, deep stream, filled with runoff from the melting snowpack, had to be crossed. About two miles away there was a bridge across this stream; it was too wide to jump, and too deep to cross. However, this bridge was 2 miles back up the canyon from where we had come. After hiking about 1/2 of a mile we found a location where the stream was not as wide. Our hopes were that we could get a run at it and jump across 3/4ths of the stream, and then we would deal with swimming across the rest of it. So - we abandoned our original plan and took a run at the stream. There are some things that you should never do, this is one of