On this beautiful yet cold winter
day, I’m using a few words to wish all of you a happy holiday season. I hope
everyone has the chance to enjoy good times and cherish quality moments with
family and friends.
Have
Faith and Maintain Hope
With all that’s happening in the
world, I understand it could be natural to fall apart and give in to despair.
Even though I really like poutine (the French fries, cheese and
gravy meal), it can be hazardous to your health if you eat it too often. And at
this point in human history, the potentially explosive Poutine-Trump
combination really gets me worried.
So this year, for all our sakes, I
will hope for a kinder, gentler world.
Still, let’s remember it can be very
difficult or even almost impossible to predict the effect of potentially
catastrophic events. As we already discussed back in November, it’s even harder
to act in anticipation accordingly. That’s why we try as much as possible to Only
React After the Fact.
Trump’s surprise election is a great
example that you can never predict how any event will really affect your portfolio
and that you should react after the fact. After the Election, we thought the
usual Santa Claus Rally was going to get Trumped this year. But so far, the
fact is the short-term Trump Rally was even better than the old fashioned
Christmas one. Will the Trump effect last, no one knows but we already know
that selling in anticipation would have been a big mistake.
Some might say it can be somewhat
easy to keep a cool head if you only consider economical consequences. But, in
the same way, we believe that predicting the effect on people of any event if
also very difficult.
Therefore, never despair when things
seem to go sideways or even backwards. We have to keep faith that in the long
run, the condition of all humans will still get better.
Again this year, I will use a Star
Wars analogy. Like Rogue rebels, you have to maintain hope and try to do what
you can to make things better and combat a Death Star in the making.
In the 12-Minute Approach, we have found our way to do little things every day to promote peace, balance and harmony in our world. I sincerely hope you can also find yours!
In the 12-Minute Approach, we have found our way to do little things every day to promote peace, balance and harmony in our world. I sincerely hope you can also find yours!
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