I was hoping to have my December quarterly review out this weekend. I was also hoping to make some progress on either my deep dive on Mongolian stocks or my look at Blue Sky Alternatives (ASX: BLA). I did, but nothing’s ready to publish yet.
Instead I did this:
If you can keep your head when all about you
Are losing and blaming weak hands or fools,
If you can trust yourself when all men doubt you,
But make allowance for their doubting too.
If you can wait and not be tired by waiting,
Or being lied about, don’t deal in lies,
Or lagging the market, not give way to hating,
Yet don’t look too good, nor talk too wise:
If you can buy spec stocks—and not make gambles your master;
If you can think—and not make thoughts your aim;
If you can meet with Getswift and Disaster,
And treat those two impostors just the same;
If you can bear to hear the truth you’ve spoken
Ad hominem’d by knaves to make a trap for fools,
Or watch the specs you gave your life savings to, broken,
And take a second job to fund the next that looks cool
If you can make a heap of all your winnings
And risk it on co’s with thick sheen of gloss
And lose, and start again at your beginnings
And never breathe a word about your loss;
If you can force your heart and nerve and sinew
To serve your turn long after the hype is gone,
And so let go when there is nothing in you
Except the loss aversion that says: “Hold on!”
If you can talk with punters and keep your virtue,
Or walk with stock promoters—nor lose the common touch,
If neither Quintis nor Slater’s can hurt you,
If all men listen to you, but none too much;
If you can fill the unforgiving minute
With sixty seconds’ of fantasy profits won,
Yours is the Earth and everything that’s in it,
And—which is more—you’ll be a Man, my son!
Adapted from If- by Rudyard Kipling, 1895. Remastered by 10foot investor, 2018.
Open to suggestions for further creative license.
I have no position in any stocks mentioned. This is a disclosure and not a recommendation, yada yada.