Tuesday, July 26, 2005

Most difficult thing to decide!

Ever tried to decide on how much salt to add when making pasta or making a new recipe? How about of deciding between funds in the 401K plan? Even with all the data, information and knowledge it is difficult on allocate. It is truly an art and a science.

ALLOCATION!

It is as delicate as the neck of a Swaroski crystal swan. An unbalance in allocation can cause problems, not just in the long term but the short term too. Math models can help and often strategic decisions should pass through the filter but there are times when decision means now.

The human mind is fascinating when it comes to comparing and contrasting. The mind compares goals and objectives, exposure, risk, interest, penchant, likes and dislikes, guidelines and so on. Swiftness and Decisiveness are key leadership trait, ones ability to juggle the objective and subjective attributes is a reflection of the individual’s intellect, judgment and stead fast nature.