On baseball and investing....
Is your stock a double? A triple? A home run? Maybe a multi-bagger? Yeah, I know, there have been a lot of baseball metaphors when it comes to investing, but I couldn't help but add one more in my article on Fool.com today.
It was a quote from an ESPN article about Bobby Abreu that inspired me:
Go in to every at-bat with a plan. See as many pitches as you can. Hit what you want to hit. Be comfortable with two strikes; the pitcher's still got to make a good pitch to get you out. The pressure is on him, not you. Foul it off if it's not what you want to hit. The more pitches you see, the more knowledge you have.
Which is pretty much right on point when it comes to investing -- be patient and see a lot of pitches (look at a lot of different companies). You don't get to the baseball hall of fame by walking up to the plate and constantly swinging at whatever is thrown at you, and I doubt there are too many investors that have been successful by investing in everything that they stumble on.