Dear Governor Chris Christie,
As
a pro trader and investor, I pride myself on avoiding catastrophic
events that can put me out of the game. I have spent years learning
rules that have ultimately turned me into a great trader and investor in
any market, up or down. These rules are universal and can be used to
help in any situation. Even better, they can be used to avoid ugly
scandals or in your situation, catastrophic events in the political
arena. I offer my help in future political situations. I am a fan of
yours and think you have a chance to rise like a phoenix. I will help
you navigate around these bogies and ultimately get into the White
House.
1.
Treat situations that grind your gears like pro investors treat stocks.
Never get emotionally attached. When you get attached, you make rash
decisions that will ultimately cost you a lot of (in your case)
political capital. This was the toughest lesson I had to learn as an
investor and trader. When a stock went against me years ago, I would get
so emotionally involved it would actually hurt me ten-times more. I
would stick with it and refuse to take a small loss. The loss would
grow. Political small losses are easy to come back from just like small
losses on a stock. It is the epic losses that put us all out of the
game. A great example of this would be Bruno Iksil, nicknamed the London
Whale who went too heavily in a position and could not cut his loss and
get out. He stuck with it until it became catastrophic. Billions were
lost. Where is he now? Out of the game! Small losses on small positions
cause no emotion and are the key to success.
2.
Analyze risk versus reward of any action. When trading, before I make
an investment I look at my potential gain versus my loss. This again is
done with no emotion. If the loss could be five-times the gain, what is
the point of taking that trade. I simply walk away and avoid it. Anytime
you make a decision (or your staff makes a decision), like closing off
lanes of traffic, you have to look at it in terms of risk vs. reward.
What was the reward of that situation? To punish someone who did not
vote your way, who annoyed you? Seems like a minor gain. However, look
at the loss potential on that trade. It was huge. You know eventually
something like this could come out and the destruction to your political
future could be epic. Step back, take out emotion and make the RIGHT
decision. The one with the most reward.
3.
Treat the people of New Jersey like the Dollars in your
trading/investing account. In other words, protect them at all costs and
grow them. They are what allow you to prosper in your political career
like they are what helps me live well in my condo on the beach, while
helping those in need. My goal is to nurture and grow my
investing/trading account. We must always do what is best. When you
close lanes and hurt the people of New Jersey, it is the same as me
purposely losing money or putting it into a trade I know is going to go
against me. I just cannot and would not do that. Take only the highest
percentage trades/investments and see how your political career profits
for life.
We
all lose occasionally. Any investor or trader who says they do not take
a loss is lying. I assume this is true in the political arena as well.
Every politician has taken a small set back at some point and most
likely will in the future. Do not get vindictive. Just cut it small and
move on.
These
are just some of the lessons I have learned the hard way when it comes
to investing and trading. But I learned them. I am here to help you and
your staff always view things in the right light. I am here to help you
build your political capital to where you take over as the President of
the United States.
Gareth Soloway
Chief Market Strategist (Strategist in Life)
www.InTheMoneyStocks.com
