Earlier this Summer I wrote a few posts (here, here, and here) on "2iB." This is my handy mnemonic: integrity; intensity; BALANCE.
These are in the form of the three questions that a user of the 2iB mnemonic might ask herself or himself...
Read MoreIt's not that Kobe is great at taking unbalanced shots; it is that he is making all manner of adjustments- he is great at setting his feet in the air, deploying his shooting "guide hand" (Kobe's left hand) and the guide arm and shortening or extending it in certain directions to counteract the source of the unbalance. He is using core control to ensure his torso twists or doesn't twist, just so- so that his shooting posture toward the basket is aligned. He is doing it all. Kobe's execution of "BALANCE" is preceded by muscle memory, and court vision (to know where the basket is for example, or where and how an opponent is likely to foul him, in anticipation of the "AND 1" play), and intensity, of course.
Read MoreIntensity follows Integrity. With Intensity, the popular American maxim of “go big or go home,” comes to mind. If something is worth doing, it is worth doing BIG. Warren Buffett, when prompted on the question of diversification in stock investing, said that for 98% of the people extreme diversification is the right way to invest. That means owning a mutual fund, or, even better the broadest possible global index of equities. Basically you want to own the world- if for example Venezuela turns out to be an investment dud, well, you got Ecuador. He went on to say that if you are ready to take ”an intensity” to it (stock investing), then one should take the opposite approach, i.e. only own a maximum of six or seven different shares, perhaps significantly fewer. In other words, do put all of your eggs in one basket- and guard that basket with your life.
Read MoreIntegrity means listening. It means taking the time to reflect on what it is that you have to do, and however large or small the task is at hand, to always have good intentions. Integrity is always the first step.
Read MoreIn short 2iB is (in particular order- this is key):
1. "Look before you leap"
2. "Go big or go home."
3. "Break things and ask for forgiveness later."
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