The Path Of The Warrior
1/1/2010 1:59:19 PM
From The Zen Investor online edition

When it comes to investing, being a warrior means being fearless and focused.  There is an abundance of drama surrounding the natural ebb and flow of the stock market.  This drama is what keeps the financial services industry in business and earning high fees for making sense of it all.  But a warrior learns to see through all of this drama, and focus on what's actually happening in the economy and how it will effect the stock market.  A warrior never loses sight of the big picture, which is that that the stock market is a highly emotional mechanism that fluctuates wildly between the opposites of extreme fear and extreme confidence.  By focusing on the underlying fundamentals of the economy, the warrior can take advantage of these extreme swings in the market by selling when overconfidence carries the market to unrealistic highs, and buying when fear and panic dominate, causing prices to reach unsustainably low levels.  This is the path of the warrior.  Check out our personal, one-to-one coaching service to learn how you can become an investment warrior.