As an investor are you the Deaf Frog?

Deaf Frog

This may seem like a strange title for a financial blog, but it carries with a deep meaning that resonates with the financial world and your choices. Many of you might be wondering about this strange analogy, so let me start with the story of ‘the Deaf Frog’. You will find many versions of this story but this is the version I like. A group of frogs decided to have a race. They decided to climb a steep and tall tower. The one who reached the top first would be the winner. As they started their climb, the onlooker frogs called out to them and said, they would never be able to do it and that it was an exercise in futility. One by one the frogs started to give up and only two frogs were left on the tower walls. The frogs that had given up also joined the others and kept on about the futility of the task. Very soon there was only one frog on the tower wall. He climbed on steadily and continuously although like others he did slip a few times. All the frogs kept calling out to him and saying that it was an impossible task and that he should give up, but the frog continued toiling upwards and after a long hard climb he finally reached the top. Continue reading