Saturday, October 10, 2009

Getting a nice parking spot

One of the most common complaint I have is "Not getting a nice parking spot at work". Especially in those winter days when there is snow all over and I have to drag myself in the blistering cold wind for about 20 minutes to get to my car. One of the most simple solution to this problem is to get to work early and take a nice parking spot that's closest to the main entrance. Well That's only possible if I wake up early. But I am not a morning person????


Last Monday when I showed up to work around 9:30, I still managed to get the best parking spot.IT WAS JUST 20 FEET FROM THE MAIN ENTRANCE. Its because I was just dammn lucky.When I was entering the parking lot I saw a guy pull out and I just sneaked in to his parking spot.It might be that the guy had a doctor's appointment or something. Well who cares, I got a great parking spot. Infact I came out of the car and stood there for a minute , getting the feeling of being triumphant. And obviously could not stop myself from boasting my great achivement.

Well what's this pathetic parking lot story to do with investment strategy????if we carefully analyze, all the great things in one's life comes only after a lot of hardwork and perciverence. Starting with our college degree to getting our first job or buying or first home. We had to toil a lot to get all these accomplished. Hey , even writing this article is taking me around half an hour.

So if one asks what the best strategy for getting a nice parking spot? the answer is to come in early to work, period. Even though it involves sacrificing my sleep but the reason its the best strategy is because the results are very much predictable.

GOAL OF AN INVESTMENT STRATEGY : To build a process of selecting Investment products where the results are pretty much predictable. Going back to my success of getting a nice parking spot, it was just that I was lucky. There is no way I can show-up every day at 9:30 and hope to get a nice parking spot.

THE MOST COMMON MISTAKE PEOPLE DO WHILE BUILDING THERE INVESTMENT STRATEGY : Its to look at what kind of return they can get in short term. But they ignore to analyze if its predictable or not. They are just counting on being lucky. Internet is full of such sites that profoundly offer to get me "A nice parking spot even if I showup at 9:30".Its because we as humans have the tendency for instant gratification and to achieve that we are ready to ignore even the basic rules of life. i.e. GOOD THINGS COME TO PEOPLE WHO HAVE PATIENCE 

No comments:

Post a Comment