I have monthly meetings
with my Financial Adviser.
Almost all Financial Advisers
are known
for comparing their results
to the overall market.
I often tell mine
that I don’t care
what the market is doing.
If I wanted the same results
as the market,
I’d invest in index funds.
I care about what
MY portfolio is doing.
That means I’m critical
of our investment strategy
when our results are down,
even if the market is down more.
But that also means
I praise
our investment strategy
when our results meet expectations
even when the market is up more.
Consistency with feedback
is key and critical and fair.
Either a partner or employee
is responsible for something
or she’s not.