Success and failure are both part of the journey — Keep going! ✨ #goredwood #wisdom wednesday

Welcome to another wisdom Wednesday. I was getting some wisdom this morning listening to Charlie Munger old interview with him. If you don't know who he is, him and Warren Buffett built this awesome company called Berkshire Hathaway and just killed it in the market forever and ever and ever. Just so steady and both those guys when they talk there's just a simplicity to it, okay? And Munger was talking a little bit about what it what it took to be successful over the long term. And he he recited a poem or at least a piece of a poem called a man in Kipling. Talks about being a man and and Kipling says if you can treat triumph and disaster the same way, okay? You're going to find a lot of success. And you know, it's interesting when I look back at my life, I can look at things that I thought were triumph and things that I thought they were disaster. And they both had something give me and they both were disguised at times. Triumph often disguised as disaster and disaster often disguised like triumph. What do I mean by that? What I mean is whenever you feel like you're on top of the world, you're apt to make some of your worst mistakes, okay? Whenever you're riding high, you're going to miss the warning signs of the trouble to come. In disaster there's a pause. Ecclesiastes, the writer of Ecclesiastes, he talks about the fact that there is wisdom in the house of mourning, right? When things aren't going your way, when when the tides of life are shifting, okay? There there there's disaster and you tend to be afraid and dejected, okay? But in the middle of that, there's an awareness, okay? If you can treat triumph and disaster in the same way, not too high, not too low, okay? But that even keel, if you can keep your head about you when the world is full of greed, all right? And you see the warning signs of coming correction or when you're in the middle of a disaster and everybody's throwing their hands in the air and there's hands that I like to call blood in the water. These are great times to steady yourself, okay? And remember some of the greatest opportunities are in the midst of disaster. In your own life, time for inflection, time to realign your priorities as well as in the market as a whole when big bad things happen like the Strait of Hormuz closing down and potential war and oil prices going through the roof. These are great times to look around [clears throat] and not lose your head. There's opportunities and if you can ride both of these out treating them the same, you're going to make great choices over and over and over again. Ride the storms, not lose your head, not sell out when things are going really bad and lose out on on potential profit and not buy too much when things are going really well and fall into a trap. So there's your wisdom Wednesday. It comes straight from Charlie Munger, one of my favorite people to listen to. Triumph and disaster, treat them the same today wherever you find yourself and I think you'll find over time you'll make some really really good decisions.