Re: Patterns in the stock market....
 

(For example, my carefully weighted approach
> to things seems to usually be disapproved in
> various "leadership" books, which
> generally seem to say that leaders should
> make quick decisions....)

Dien, don't you think your "carefully weighted approach" has a lot to do with your background as a scientist. Everything you engage in has to be validated by tangible proof that it works.

So, it would stand to reason that it would be a challenge for you to easily switch to a less conventional mode of thinking that some leaders might subscribe to. Leaders, depending on their field of expertise, often don't have to prove that 2+2=4, they are often such good motivators, they can convince us that 2+2 is not 4. And some of us depending on our state of mind at the time, may choose to believe what we hear, or dig deeper to find the right answer.

Hope you don't ask me to explain this, as I'm not sure I can. Perhaps I've been hanging around sowpub too long and my brain is beginning to get a bit mushy at 12:15 in the a.m. :-)

Regards,

Eliz.

Re: Patterns in the stock market....
 

Hi Elizabeth,

> Dien, don't you think your "carefully
> weighted approach" has a lot to do with
> your background as a scientist. Everything
> you engage in has to be validated by
> tangible proof that it works.

Hmmmm... I don't know if I would say that. Scientists do experiments all the time before having "tangible proof that it works".... That's the point of doing the experiment....

To be honest, I think I prefer to do things that I'm NOT sure will work (it makes things more interesting).... :)

I would say rather I do a risk vs. reward analysis in my head.... I determine the down-side first. If I have everything to gain, and little to lose, then I'm more likely to go for it.... (Like in entering Pitchfest 2000.)

On the other hand, if there's a lot to lose, I'm a bit more cautious.... I do my research before jumping in. It all depends on the down-side risk....

I don't think it's unique to me.... Richard Branson talks about how he's always "taking care of the down-side" in his autobiography.... For him, "taking care of the down-side" usually means building an escape-hatch for himself in a deal, in case it doesn't go well....

The "leadership" comment I made was just giving an example of what some people say.... I don't necessarily agree with them! :)

Dien Rice