From Turtle, Value, Trend, Technical, XXX Investing to Jeet Kune Do Investing!

One of my favorite blog writers Salvador Dali wrote about Paths of Investing in the Star newspaper recently. He started off and ended his article very interestingly.

“EVERYONE who starts investing will try to understand the stock markets by talking to those who have invested. Then, we move on to reading books by the Grahams, Lynchs, Buffets of the investing world.

Then probably after losing more money, we will gravitate towards the technicals and charting gurus: the waves, oscillators, fibonaccis, RSI, momentum, etc.

And then what do we end up with?”

He concluded “ ……As Soros rightly put it “ More importantly, it is how much money you make when you’ re right about the market and how much you lose when you’re wrong.”…………….. To do that: we need to get the big picture right; we need to get the exit, entry, and cut losses right; we need to pick the right stocks with corresponding valuation and growth implied, and note them when the variables start to deteriorate.”

To me, that conclusion is almost sounded like Bruce Lee "Be formless... shapeless, like water. If you put water into a cup, it becomes the cup. You put water into a bottle; it becomes the bottle. You put it into a teapot; it becomes the teapot. Water can flow, and it can crash. Be like water, my friend..."

The result of that thinking is Jeet Kune Do!




Quote "Simply put, it's English translation is "way of the intercepting fist." Bruce studies all types of fighting from American Boxing to Thai Kickboxing. His simple philosophy was rather than block a punch and hit back with two distinct motions, why not intercept and hit in one, fluid stroke. Fluidity was the ideal. "Try and obtain a nicely-tied package of water," Bruce would taunt. "Just like water, we must keep moving on," Inosanto reitterates. "For once water stops, it becomes stagnant." Water, Bruce would always give as an example, is the toughest thing on Earth. It is virtually indestructable; it is soft, yet it can tear rocks apart. Move like water. Bruce dissected rigid classical disciplines and rebuilt them with fluid, po-mo improvements. "It's good but it needs restructuring," he would say. Classical techniques did not take into account the reality of street fighting. Jeet Kune Do did. It was pragmatic, reality-based, empirical- not a bunch of stances, postures and mumbo jumbo handed down from antiquity. Bruce utilized all ways but was bound by none. "Efficiency is anything that scores."unquote

Will I find Jeet Kune Do of Investing?