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Time, resource, personal legendary, and art of war...

Discussion in 'Investing Strategies' started by wdongli, 15th Dec, 2010.

  1. wdongli

    wdongli Well-Known Member

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    Time is the most important resource to anyone in the market. Emotion is the salt to let you show the impact of environment and self-evaluation in the environment. The salt would let you feel tasteful in the way for any thing what you really want.

    So what you want? There are a lot of options. Randomly picking up one and swinging among them?

    Market could be a game ground or Casino, or Winning battle fields for the resources of your dreams! Trading forum could be easy just to let game players in, or open to all which would promote itself for its own business objectives. What you want and what you get are different! The key is how! Owners of Casino could be wise or not wise!

    All need have some strategic thinking if they want the market is a winning battle fields rather than the place to kill the time. We could say we don't want to kill the time but we do so consciously or sub-consciously. Graham consciously play to kill the time and all of others want to win but just don't know how to play to winning and actually play for playing!

    So if you could stand at some level of philosophy, you have to ask yourself:

    Are you playing to play or playing to win?

    If you are playing for play, you don't need any motivation to think but just post what you have got! If you just want to keep the old boys for them to play here for free and hope fads come back, everything is fine. If you want to play to win, you have to know:

    1. how to maneuver the competitors into positions and markets where they are forced to invest heavily to stay competitive or

    2. how to engage weaker rivals in a war of attrition, eventually forcing them out of business.

    3. or how to avoid direct competition with any rivals in a war but let the most powerful forces to fight each others and you just collect the rewards in the ruins when the war have short term pauses.

    4. how to avoid any competition without good enough reward based on the calculated least cost from your treasure!

    5. how to hit back with the least force and defeat any sides of the war who just hit you unpredictably even it looks improbable.

    War and game are about the art. You should know the art if you don't just want to kill the time, which hasn't an end and should be all about the life!

    More thoughts about strategic thinking in Business model and risk intelligency! - Member Blogs and its comments.
     
  2. wdongli

    wdongli Well-Known Member

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    Risk: mother for heaven or hell

    Risk is the mother of the success but when you bet on what you really don't know and have not ideas what the worst and best results could be, you put you in the team of the losers! Risk could be the mother of the hell!

    More thought in wdongli - Member Blogs
     
  3. wdongli

    wdongli Well-Known Member

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    Never and ever forget the bottom line!

    Before you do anything you should know the bottom line!

    As a medical doctor, it is no harm. As a market player, it is no loss. As an Engineer, it is fail-safe. As an business man, it is cost less than income. As a student, it is never pretending you know all...

    If any ideologies, theories, or ideas push you to break the bottom line, you will fail!

    More thought in wdongli - Member Blogs
     
  4. wdongli

    wdongli Well-Known Member

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    Leadership in your market playing business

    Categories are not the causes of our failure for long term

    Typically we tend to separate the market players as investors and traders or fundamental and technical market practitioners. However we tend to forget a very sure fact that in each group or category we could find the rule 20/80 plays its part consistently.

    Why? One thing is sure a market player must be a decision maker if he has any chances to win for long enough time. However leadership has its own risks. How could we be good enough to be a good leader?

    Generally saying Leadership is involved with the nature of decision making of any business's goals. To fully understand the leadership risk, it is necessary for us to know how people solve problems and make decisions. More thought in wdongli - Member Blogs on the basis of leadership, risk intelligence, strategic thinking, and so on.

    Something wrong in our personalities


    It is my view that if most of us could lost the shirts in two crises, IT bust and GFC in a decade, we are wrong in some basic concept and perception and the process to make the judgment and decision. These basic problems would fail any attempts to use any systems to get our market goal.

    We could not predict the future but our personal characteristics makes our own future. If this statement is true, it seems we have to fix the problems in our personality and then we could choose the right system for our future!
     
    Last edited by a moderator: 20th Dec, 2010
  5. wdongli

    wdongli Well-Known Member

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    Horizontal risks and "Greed is good"

    As market players, we all have to understand the horizon risk, which are those out of our boundaries in working scope, interested matters, ideologies, and the knowledge.

    Generally saying each of us, individual or nation, have its perceptional, cultural, knowledge, visionary scope, and political interests and ideologies. It needs some gut to break though these limitation to avoid completely failure.

    Some thought about the quotes "It doesn't matter if a cat is black or white, so long as it catches mice" and "Greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cut through, and capture the essence of the evolutionary spirit" in wdongli - Member Blogs.