Taking the Shot
An excerpt I like from this article:
“When I need investing inspiration, I turn to “The Great One” — but I don’t mean Warren Buffett, Peter Lynch, or Benjamin Graham. And I definitely don’t mean Jim Cramer. You’ve probably heard The Great One’s name dozens of times, but you may not know just how wise he is. Nonetheless, he’s said some very smart things. For instance … “You miss 100% of the shots you never take” That’s but one of the many pearls of wisdom The Great One has dropped over the years. And while it might seem obvious, or even trite, it’s a truth we often take for granted. Just think of the person you never asked to the dance, or the job you never applied for, or the novel you never finished … or the stock you never purchased. It happens to all of us. We get nervous, or doubtful, or busy, or … you name it. And that might end up costing us the person of our dreams, or the job we’ve always wanted, or our only shot at fame. But in the case of investing, it will definitely cost us a fortune.”
