Jun
5
Sailing and Markets, from Jeff Rollert
June 5, 2008 |
In tonight's race we sailed shorthanded. Normally, there are four good friends sailing together, but one was in an operation for a minor outpatient procedure.
We went through four head sails changes, which normally is not a big deal, but with 20 minutes before the race it can create a lot of work, tiring out the crew. Additionally, with one less person's weight to sit and balance off the energy hitting the sails it was hard to tack well.
We did really well, on the upwind and downwind leg. The reason was we went to our smallest head sail until we felt we could control the boat if the wind rose (which we did not expect). The wind didn't rise.
My takeaway was that by having less sail (leverage) we could attack more aggressively, which we did. We did well around the buoys, rounding tighter (closer) than others who were overpowered (too much sail up). I left before the results, but was pleased for the race.
Perhaps other sailors can apply this to a market discussion better than I.
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I have been thinking alot about sailing and fishing. I think on The Perfect Storm and
deadliest Catch. These are those most dangerous jobs in the world. Along with Logging and mining.
The subject matter invariably comes up if the profession is so dangerous why do people do it. Some mention the money, some the adventure, some the tradition.
I believe that much of it has to do with destiny and desire. Regardless of the locale, whether it is the coal mines of W.Va the iron ore mines of Minnesota or logging out west, their response is they just can’t see themselves doing anything else but this. Fishing in the Bering Sea or the North Atlantic their reply is the same.
The same with traders. However you describe it whether you say it is in the genes or the blood, whatever it is it is there. And there is no getting around it.
sl.