Silver Chartbook – When It Counts
When it counts
It always counts! That’s the problem. There is never a day off. Michael Jordans’ secret was to play each game as if it was his last. A consistent eagerness to win. This got him into a lot of trouble with management where political, strategic, and resource allocation decisions are made. In trading, Jordan would have been a champion as well. Since individual trades are meaningless and random in the outcome, while sample size trading, thinking in probabilities, is everything. But th…
