12: Make a Big Kill Every Once in a While

Apex predators don’t succeed all that often. Tigers succeed only 5% of the time; Polar bears 10% and Leopards 14%. All they need is one big kill every once in a while to stay atop the food chain. Tigers, lions and other predators know their game. They balance persistence and knowing when to quit; hunting only for the home-run and conserving energy. Investing is no different. Trend traders lay low most of the time; expending little energy while waiting for a big trend to emerge. Most of the time, like lions and other predators, we come up empty. Frustration occurs, but it doesn’t distract us from the process. You keep at it and eventually you make a big kill. https://medium.com/@mmelissinos/make-a-big-kill-every-once-in-a-while-d28757b3c0c1 This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit mikemelissinos.substack.com