Friday, January 4, 2013

Who do you blame for your losses---that is the question:

Let's imagine that you have created a product...and after the first introduction of the product, the first consumers are able to give feedback on how the product worked for them....imagine that the original designers and creators of the product can observe...through a glass viewing area...i think you can imagine the result...any feedback on any little improvement of the product seems very similar to what would happen if a mother presented her child to her relatives and they had a few corrections as to how to make the child better...in short.... If you buy a stock, and it does not go up...cut your losses quickly...whatever you thought must have been wrong...and those who do not recognize this fact quickly face huge losses..in stock selection and life...the ability to recognize when a wave is not going to be the best to ride...but the wise course is to quickly cut off the ride and find another wave...be a surfer..not stubborn and fighting to be right...but being flexible...and ready..for the new...