Toe Touching
Flexibility is important.
In the harsh world of being able to touch your toes.
And in the metaphorical realm.
Alexander the Great, for example, was extremely flexible with his battle strategies.
In part, because his army was made up of a bunch of Greek dudes who’d been fighting against each other.
For most of Greek history before Alexander, they didn’t think of themselves as Greeks.
Instead, Spartans, Athenians, etc.
But you take a bunch of armies and generals etc., and put them into ONE humongous army, you get a whole lot of different strategies.
Both offensive and defensive.
The Athenians, for example had a powerful Navy, but sucked on the battlefield.
The Spartans were the opposite.
Unbeatable on the field, but not so much at sea.
Anyhow, this let Alexander destroy much larger armies, and have an undefeated record.
Deep Bench
All because of his flexibility.
One of the traits of super achiever is their flexibility.
When you combine persistence, flexibility and the ability to learn from mistakes, you are essentially unbeatable.
Just like Alexander the Great.
This is where they get the saying:
You only fail when you quit.
Or consider a basic investment strategy.
Not really investing, but money managing.
Start off with a simple, repeatable, definable investment strategy.
Like buy a stock as soon as the 10 day moving average crosses it’s 20 day moving average.
Maybe it will work, maybe it won’t.
But add in a decent money management strategy?
Like sell if you’re up 15%.
OR sell if you’re down 5%.
This means you only need ONE success out of three.
Up fifteen, down five, down five, up fifteen, etc.
More Up Than Down
This means you ONLY need to be right one out of three times and you’ll keep making money.
But this is only the beginning.
If you add in the idea of learning from mistakes, you’ll get even more money.
Every two times you are wrong (down five percent) you can study your trades and maybe improve your strategy.
Refine which stocks you buy and when.
This would add much more flexibility to your trading strategy.
This can be applied pretty much anywhere.
Suppose you make one sale out of five.
Four losses take time and effort.
One win equals a couple hundred bucks.
But each of those four losses can teach you.
So long as you accept failure without quitting, you’ll get better.
You’ll learn more.
You’ll become more flexible.
These three ideas will help pretty much anywhere.
Golden Triangle
Flexibility, persistence, and a willingness to learn from mistakes.
And just like Alexander, you will become unbeatable.
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