Sunday, October 19, 2008

Comparing Sports Car Racing & Financial Vehicles

Yesterday, while attending the Monterey Sports Car Championships (I plead very limited knowledge of cars in general, all I know is that I like them small and fast), the last race of the American Le Mans Series, I got to thinking, these drivers on the tracking are speeding at over 200 mph, weaving between other cars, a hunk of fast, powerful metal on cement. The smell of burning fuel and tire fills my lungs. Why am I not behind the wheel? Well, in addition to that, I was thinking, when we see a dangerous a curve ahead, we often slow down. But how do we slow down without being beat by other investors around us and without crashing and burning or denting our nice rims? 

First, have a great engine and vehicle, right? Our financial vehicles should be great, without any huge flaws. Riding a good stock is important, especially on the ride through that dangerous curve.
Second, getting through the curve more quickly than others will require some thought. I know, I'm leaving you hanging. Until tomorrow...

No comments: