Everyone has his or her own perception of what winning means. For some winning means getting what they want in life and entails some form of struggling or challenges or perhaps even a little bit of luck so to speak to achieve their objectives and goals. Most people would easily and readily associate winning with cash prize rewards such as striking the jackpot, lottery, grand lucky draw prize or any form of gains that enhance wealth. There are those who would prefer to look at winning from a bigger perspective.
These include successful businessmen who understand that to win is to willing to take calculated risk in one way or another in order to achieve the ultimate goals whatever it is. If one is able to minimize risk and increase success chances than winning is assured ultimately. Not everyone would agree with such definition of winning though.
Those who acquired wealth through investment knows that it is impossible to time and beat the stock market all the time. The stock market is rather unpredictable and volatile. It is very risky and costly to try to time the stock market. How much and how big we make and gain depends not on how much and how frequent we beat the stock market during the good times rather how badly we lose during the worst time. We may have running streaks of winning and beating the stock market but one major bad investment to wipe off all our previous gains. The art of defensive winning involves the application of strategy to limit loses during unexpected bad times while focusing on winning.
Saturday, April 14, 2007
Defensive winning
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