My Trading Tao Te Ching, part 8.

The supreme good is like water,

which nourishes all things without trying to.

It is content with the low places that people disdain.

Thus it is like the Tao.


In dwelling, live close to the ground.

In thinking, keep to the simple.

In conflict, be fair and generous.

In governing, don’t try to control.

In work, do what you enjoy.

In family life, be completely present.


When you are content to be simply yourself and don’t compare and compete, 

everybody will respect you.


— from Tao Te Ching, by Stephen Mitchell


There is an entire cottage industry around celebrating the “heroes” in the trading and investing world. I only need to look at Berkshire Hathaway’s annual event deifying Warren Buffet to know this is true.

While I can draw inspiration from those who’ve come before me and succeeded in ways that I hope to succeed, I cannot try to be them. I am not them. I am me.

When I go down the road of comparing myself to others, in most cases I only see success, and more importantly — the image they want me to see. What I don’t see is the years of struggle, the hours away from friends and family, the heartbreak, and the numerous false starts. Nor do I see the support system behind the scenes that made it all possible. There’s always more behind the curtain. There’s always a story behind “the story.”

My story behind the story will be about bad decisions, wrong paths, impatience, envy, greed, fear, multiple emotional washouts, support, and understanding. Followed by accepting, adapting, optimism, persistence, grinding, perseverance, celebration, and gratitude.

Is there any other way?