Jake Heisler, CFP®’s Post

Investing is like baseball, with long-term strategy and patience. Long-Term Strategy and Patience Pay Off: ⚾ Baseball Season: A baseball season is a marathon, not a sprint. Teams play 162 games over several months. Early losses or wins don't determine the final standings. Teams must stay focused on their long-term strategy, continuously improving and making adjustments throughout the season. Success is measured over the entire season, not by individual games. 💰Investing: Similarly, investing is about the long-term journey rather than short-term gains or losses. The stock market experiences fluctuations, and individual investments may have periods of underperformance. However, staying patient and sticking to a well-thought-out investment plan allows for recovery and growth over time. Just as a baseball team doesn't change its strategy based on a few bad games, investors shouldn't make impulsive decisions based on short-term market volatility. #WiseUp

While "go big or go home" is a great catch phrase when hanging out with your friends not as a good a slogan for your investment portfolio. While having a concentrated portfolio can lead to outsized gains it can also lead to outsized losses! When it comes to investing "you do you" swing for the fences but with that comes greater risk! Sorry obligatory baseball ⚾🧢reference during MLB playoffs. As one sage advisor told me earlier in my career he explained it to clients this way: "do you want to ride the big rollercoaster or the smaller one"? The answer of course depends on you but the 🔑 is to be honest with your self before your get on the rollercoaster or invest in the markets. And now the payoff pitch: ⚾ here is where work with an advisor can help by providing a frame of reference in terms of risk/reward. Let's go Mets! Tuesday tune "Centerfield " by John Fogerty of CCR fame. Happy Tuesday!

Despite bad seasons or strings of bad seasons, each baseball team’s fans hope for the best. Financial professionals and investors would be wise to follow the same strategies. Remain level-headed, plan carefully based on resources and the market, and plan for success. Read more here: https://hubs.li/Q02vSrmZ0

Business meets Hockey: A Winning Combination! In the fast-paced world of business, seizing opportunities is key. But what if I told you that the same strategies that make a successful business can also apply to hockey? Just like in business, hockey requires strategy, teamwork, and seizing opportunities when they arise. Whether it's making a game-winning goal or sealing a lucrative deal, the principles are the same: → stay focused → work together → capitalize on opportunity So, whether you're on the ice or in the boardroom, remember: it's not just about the game, it's about seizing every opportunity to succeed. Let's lace up our skates and chase those goals – both on and off the ice! _________________________________________ I talk about financial related topics and how to be 1% better every day. Follow and hit the 🔔 if you want more content. If you want to grow your portfolio, DM me to find out if we’re a “Phit”.

I recently watched Moneyball, the true story of how the Oakland Athletics won 20 consecutive major league baseball games on a small budget.   Their approach not only led to success but also revolutionised the sport, inspiring others to rethink how they do things.   What stood out to me wasn’t just their data-driven approach, but how Billy Beane and his team found value in overlooked players-those passed over for reasons like age, injuries, or unconventional styles.   Instead of focusing on buying expensive players, they focused on putting the right players in the right roles. They gave those players a sense of purpose, knowing their unique strengths were valued and crucial to the team’s success.   By maximising each player’s unique strengths, they proved that success isn’t always about raw talent, it’s about seeing potential where others don’t.   My key takeaways: 💡 When traditional methods fail, creativity opens new paths. 💡 A “flaw” can be a strength if you approach it differently. 💡 It takes someone to believe in you to achieve what’s deemed impossible. PS: The true secret is: start believing in yourself, don't expect others to believe in you 🙃   Check the comments for a freebie on this topic👇 #leadership #selfconfidence #talent #uniquestrengths #innovativeapproach #purpose

I have known Walter Bond for years. He was in town speaking for the Capital Club. He said, "Speed is power". Yes it is important to make smart decisions but sometimes we worry about being so smart and making the right decision so we don't make a decision. Speed is important. When you leave your money in cash for you are scared with the stock market that is not a smart decision. When you don't pay attention to your money and what it is allocated and making changes you may not have a diversified portfolio. That's not speed. That is not a smart decision. Sometimes making no decision or delaying making a decision is actually making a decision. Not smart. I admire Walter for he is one of those athletes that I adore for he is more successful off the court than on. If you haven't heard Walter speak make sure you make it happen. With speed. Speed is important. Go for it. You got this! #speed #speaker #leadership #decisions

I have known Walter Bond for years. He was in town speaking for the Capital Club. He said, "Speed is power". Yes it is important to make smart decisions but sometimes we worry about being so smart and making the right decision so we don't make a decision. Speed is important. When you leave your money in cash for you are scared with the stock market that is not a smart decision. When you don't pay attention to your money and what it is allocated and making changes you may not have a diversified portfolio. That's not speed. That is not a smart decision. Sometimes making no decision or delaying making a decision is actually making a decision. Not smart. I admire Walter for he is one of those athletes that I adore for he is more successful off the court than on. If you haven't heard Walter speak make sure you make it happen. With speed. Speed is important. Go for it. You got this! #speed #speaker #leadership #decisions

It's fantasy football season! This probably goes largely unnoticed, but fantasy football actually teaches you important concept of investing! Here are 5 important concepts: 1. PROBABILITY BELL CURVES -- each player is assigned a projected score for each week, but this is just the top of their probability bell curve. What's more important is the RANGE of probable outcomes. Like investments, you want players with higher probability of BOOM over BUST! (See picture) This is the basis of how to assess risk/reward. 2. HEDGING -- got a plan if your RB1 goes down with an ACL? Go get his backup just in case! 3. OPPORTUNITY COST -- Who is playing in that last flex spot? Your opportunity cost is the guy you left on the bench. Is there anything more painful than losing while your bench goes off? Every dollar you invest comes at the cost of investing in something else! 4. REBALANCING -- How quickly can you move on from a player that isn't performing? Are there structural reasons why or is it just a fluky cold streak? Is the thesis still intact? 5. DIVERSIFICATION -- Got 4 players in your lineup on the same team? Better hope they score a lot of points or you are losing that week. But if they do score a ton you are in for a big day! Risk/reward...

With the National Hockey League (NHL) playoffs in full swing, I hope you'll find interesting my latest thinking on a business topic that impacts both the corporate and #PrivateEquity clients I work with at Parallel-49 Marketing Consulting and M&A Advisory. Hockey sticks help you score goals, but when used improperly can put you in the penalty box. Hockey stick graphs are easy to create – as easy as plugging numbers into an Excel model – but the downstream effects can keep you and your firm out of the playoffs. Which of the remaining 8 NHL teams do you think will win the Stanley Cup? #consulting #management #mergers #acquisitions https://lnkd.in/erJSX6FK

PART 2! How does playing fantasy football covertly teach you important investing principles!? Here are 3 more... 1. Blind Auctions 🙈 - every week you can bid on available free agents to add to your team! This also happens often in distressed asset sales with bankruptcy estates. As the bidder you need to try and figure out how much demand is out there, if you have more (or better) information on the value of the asset, and try to discern how little you can spend while still being the highest bidder. Pure Crypto went thru this bidding process in 2023! 2. Volatility 🎢 - if every asset in your portfolio (or player on your team) is highly volatile, you will drive yourself crazy. That wide receiver that scores 30 pts one week only to give you 2 in the next. Having consistent performing assets gives you peace of mind. But only having those players will give you middle of the road results. Choose your volatile assets wisely! 3. Buy low, sell high! 🤑 Good investors & fantasy manager knows that you need to go shopping when quality assets are on sale! But the great ones know how to check their recency bias & sell their assets when they are peaking. Don't fall in love with what you own just because you own it! The more fantasy football you play, the more you are prepared to handle your investment portfolio. Great rebuttal for those of you whose spouses question why you are in 5 different leagues! 🤝