LeBron Model vs Heat &
LeBron's model vs
LeBron James has a lock on many current records. But what many people fail to realize is that he is probably even better student of the game. He is the only one I can see that is able to go from one team to another and actually win a championship. He did it with Heat, Cavaliers, and the Lakers. Has anyone else done it?
LeBron is not only able to command an audience but also influence the team members around him and the coaching style as well. While it’s not said he is like a player/coach.
His attitude and the franchises that support him want immediate results. Not team building, not future-think, but results in the now, in the present.
But once he bolts. The teams are left with a gap that takes years to build. The only one that maintained its management and core group has been Miami Heat and their franchise is still strong.
For most investors, I think they like the LeBron approach; Wall Street especially since the wins are now, not in the future.
All you need to do is look for stocks that shoot up on growing x,y, and z but fall to earth once that thesis is finished. While the longer term investments, you can hear it in conference call quarter after quarter of buliding and investing. This doesn’t mean waiting forever and it doesnt mean you don’t want to see gains as soon as possible. But what it does mean is that management isn’t sacrificing the potential of the company for immediate gains.
The three teams that have had a great run this season the Warriors, the Heat, and the Nuggets all have a long established management in place.
PS. So if you don’t like LeBron but like Quick Profits, then adjust your thinking.
This week, yet again, we will see the “fear” of the US defaulting on debt. I feel with all the “surprise” things occurring why shouldn’t the US not default? So I feel we should always look for good value, but with this noise it’s very tough to have a lot of confidence. Then when confidence is restored, will it really because it will just be another fiasco. ALways stick to what you know. Because you will realize that even that is suspect, but at least its a guide post.
