Go along to any seminar
on business or career management and you leave with the the current
trendy "buzz phrases" going around and around in your
head. Great gems like "Be the best you can be", "There
are no prizes for second" (in racing of course not correct!),
"Great people achieve great things every day", and so
on and so on to the point of being excruciatingly boring.
Well the real truth
is that great people DON'T achieve great things every day. In
fact, if you did a day by day analysis of their entire lives you'd
probably find the percentage of days in which they really did
achieve great things probably ran at about 3%. NO ONE runs at
100%, 100% of the time. We're simply not built for that performance
may well be remembered for being a great war time leader in WWII
for the British but you can rest assured, he had his days of failure
along with his days of achieving great things as did any "great"
person you can think of.
Which got me thinking
about a wonderful turn of phrase I saw the other day which was
used in a rather disparaging manner, talking about, well, it doesn't
matter who it was about. The phrase was "he aspired to mediocrity".
What a wonderful way of putting things. BUT, as I thought more
about it, while it was certainly a put down of the person involved,
it may not necessarily be a negative thing as far as punting is
How many stories
have you read about people winning "a motza" and losing
the lot subsequently? How many big name bookmakers really lasted
the distance? How many big time punters went the same way? How
long before the mental pressure of big time winning told on the
aforementioned "breed"? Perhaps they didn't last the
distance because they tried to achieve great things every day.
It can't be done.
In the same time
frame as all the high flyers we've all read about, how many smaller
punters made a smaller profit flying along "under the radar"?
Just going about their business in a quiet, calm, unobtrusive
and non-headline way? Trying to win "two hundred a day"?
Probably more than you would ever believe and you will never hear
about them either. They don't need the headline pressure or the
dizzy heights of fame. They're probably trying to be like every
day business people, just doing the percentages, turning over
the dollars, no great shakes or dramas. You'll never hear about
them because that's the way they are.
Yes, you could even
say they're mediocre.
But is being mediocre
for an extended period a better proposition that being flashy
and showy like a sky rocket the better way? And we all know what
happens to sky rockets! Is consistently getting small returns
on your dollar invested with short runs of outs better than the
occasional $25 collect with extensive and long runs of outs and
all the added pressure and self-doubts that that brings with it?
I have written a
few times before of the old equation E=R=L - excitement equals
risk equals losing. The antithesis of that may well be M=LR=W
or mediocrity equals low risk equals winning. There is certainly
no where in either of those two equations a B for boring. Winning
small many times a day certainly isn't boring to me!
I rather suspect
that the long term players in this game DO aspire to mediocrity.
At the end of the day it may well be safe and profitable in the
long term if you can suppress the seemingly pre-programmed punter's
urge to win "the Commonwealth Bank and then some" in
one afternoon. It's also better for your own peace of mind and
long term confidence and probably affects the way you interact
with others both personally and professionally.
doesn't happen between 10.30am and 6pm on any given Sky Channel
broadcast day. It happens slowly, methodically and in a mathematically
correct and precise manner. Everything else is, as they say in
the classics, just dreamin'.
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