We’re in the midst of another great baseball season. What makes it great? Well, because it’s baseball season! Here’s a lesson that you can take from baseball and apply to your personal finances.
One of the things you’ll often see in a long season is a team going through a slump. Losses pile up. Hitters stop hitting. Pitchers don’t make it very far. Nothing can seem to go right.
At some point, the slump ends often with dramatic fanfare. You’ll sometimes see a team that had gone 1-9 in it’s last ten rattle off four or five wins in a row.
If you look at the rationale behind that, you can many times trace it back to one guy.