"A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful."- Warren Buffet
Lesson: Observe what the masses are doing and consider an authentic distinction to do exactly the opposite.
How many times have you been part of a meeting talking about what the competition is doing and the reaction is to adopt a "we do that also" strategy?
- While the masses dread Monday at work, find a way to love it.
- When no one wants to deal with a particular client, be the one to ask for that account.
- While everyone is looking for fuel efficient vehicles, look for a ridiculously low priced SUV
- If everyone's cutting their lawns with vertical lines, go horizontal...or better yet, put in astro-turf
- When people are panicked about the economy, have peace knowing our God will provide
- When all insurance agents send out calendars with mug-shots of themselves to their clients, send all your clients $5 Starbucks cards and offer to meet them for coffee
- When one candidate for President is for a $700 Billion bailout, be the candidate against it with a confident, thoughtful plan B
It's time to go launch a mortgage company. Thanks for the reminder Mr. Buffet.
1 comment:
Great post and great blog. Just found you through a tweet from your wife(?) Kem.
As Christians, we probably just need to ignore the economic pundits right now and just give, save, and spend as Christ would have us do.
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