This is about creating success. It’s a book about cause and effect that goes deeper than the linear, Newtonian, billiard-ball level. If you like that kind of stuff, then this will be an easy read.
If you dislike dealing with things that can’t be measured but still want as yet unattained success, then consider Roach’s method anyway. If you’re in that boat — not getting what you want — then your opinions have been bringing you something that doesn’t cut it and Roach’s opinions have brought him wh
This is about creating success. It’s a book about cause and effect that goes deeper than the linear, Newtonian, billiard-ball level. If you like that kind of stuff, then this will be an easy read.
If you dislike dealing with things that can’t be measured but still want as yet unattained success, then consider Roach’s method anyway. If you’re in that boat — not getting what you want — then your opinions have been bringing you something that doesn’t cut it and Roach’s opinions have brought him what you seek. Who are you going to keep listening to? Or so he claims: but it doesn’t really matter whether it worked for him, since you can try it yourself to see if it works for you.
Here’s an excerpt I liked:
pg 92 – 93
The headline story is about a Wall Street investment banker who took a big unauthorized risk with his company’s entire hedge fund and lost everything. He’s tried to escape to Hong Kong and there’s a huge photo of him being led in handcuffs down the Jetway, with lots of commentary by Respected Analysts about how stupid he was to make such a risky move. So far, okay.
But on page two there’s this long article about George Soros, who took an even bigger risk with his client’s money playing the British exchange markets. He’s netted a billion-dollar profit in a single day — some kind of record — and the same Respected Analysts are praising his bold decisiveness.
Further down — you know, the second section, where the real financial news begins: not just people’s opinions but the real numbers on different companies. IBM is getting beaten up, and it looks like they might even have to sell off their personal computer business to some Chinese firm. The Analysts are yelling at them to stop being so conservative in their approach: Make something happen!
And then a few more pages down, there’s a long article praising Hewlett-Packard computer for their tried-and-true, conservative approach to products and business, which continues to make them a blue-chip profit leader.
In that moment — in that one moment — it dawns on me that it doesn’t really matter whether you take risks or stay conservative. It doesn’t really seem to matter which decision you make: either one might work out, or it might not work out, and the reason the Wall Street Journal has so many pages is just to report on how true that is, all over the world.
But absolutely no one seems to be noticing. The Analysts continue to debate the pros and cons, all pros and cons that really do sound very reasonable and convincing much of the time, but in the end it’s all just the same. Anytime you’re making a decision, you have no idea at all whether it’s going to work.
…more