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Tuesday, April 5, 2011

365QOD-Day64

"A successful person has to be able to Analyze a Problem, Creatively solve it, and most importantly Execute the solution"- something I said during a recent class

I had an idea the other day.  I have been teaching a class to invest in ETFs.  During a 5 week period we played on paper a strategy I developed.  They all started with $12500 and grew their portfolios.  The lowest gain was around $100 and the highest was $1255.  Using a slightly improved strategy I gained $1542.  Once a week they checked their portfolio and sold any one of the funds that dropped 10% since purchase.

So we all were able to download data, analyze it, and execute it on paper.  Now the interesting part.  I had done this several times with students over the years and always made 1000+ each time.  Why not do it for real?  Will I emotionally be attached to the outcome? 


As they say.. no guts no glory...  or better  no execution no money... so I did it...

Today's question is:
"What have you analyzed, creatively solved, but failed to execute?"

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