PINL:VLTAF - Post by User
Post by
ALLEN4on Feb 15, 2010 9:12pm
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Post# 16786444
Andre Agassi
Andre AgassiAndre Agassi has an Autobiography out called "Open". I read it this past weekend. I think I learned more valuable lessons from this read than most books I plowed through on the stock market. Just replace tennis court with stock market and I think you will find the same. That is because the person you need to conquer in both tennis and the stock market is yourself. One part in particular of the biography in particular applies at this stage with Volta. That is where his new coach tells him to stop trying to be a perfectionist and to win dirty. He was sabotaging his game by trying to get the perfect shot when all needed was consistent decent shots wear down his opponent. I think the guys here trying to trade in and out of Volta are maybe perfectionists, that cannot bear to see a vew cents shaved off the share price, without playing the move. I am sure there are some excellent traders on this board, but if I had to choose between the best trader here or simply leaving my money in the hands of Volta management, I would choose the latter. Another analogy comes to mind. At summer camp four of us were taken out to the lake to try water skiing. We were all first timers. We were all told to just hang on to the rope and let the boat pull us up. I watched the three before me fail again and again to get up because they kept trying to pull themselves out of the water. When my turn came I listened to what I had been told, did nothing, except hang on, and I was the only one to get up that day and ski around the lake. I say let's not try to get fancy here. You are in good hands with Volta. Let them do their job. Just hang on and in no time you will be skiing around the lake. Price of gold is cooperating and it should be an interesting week.