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What can we learn in stocks from boxing?
By Rolf Suey - Invest in Yourself  •  October 31, 2015
Exactly 41 years ago on 30 Oct 1974, a historical boxing event took place in Zaire (now Congo). It was the world heavy weight championship nicknamed "The Rumble in the Jungle" between two of the greatest boxers of all time – then 32-year-old Muhammad Ali and 25-year-old George Foreman. George Foreman was the undefeated champion and overwhelmed favorite to win the match. He was the most intimidating fighter then with punches that KO veterans champs such as Joe Frazier and Ken Norton, both of whom beaten Ali before. During the match, the underdog Ali adopted “Rope-A-Dope” technique, leaning on the rope and choosing to defend and shield. Foreman will then throw his heavy punches in all directions without much accuracy, and each time when he tires down, Ali will find seize opportunity to counter punch with precise accuracy. After 8 rounds and wearing out his younger opponent, the older and wiser Ali...
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By Rolf Suey - Invest in Yourself
I am a Singaporean, born in the late 1970s experiencing mid-life career crisis at time of writing this blog. One reason to start blogging at an older age, is to break my own comfort zone. While it can be considered late, it is "Better Late Than Never" ...
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