Friday Post

I just saw my favorite NBA player, Ben Wallace -- and one of the few reasons I'd ever actually watch an NBA game -- was traded. Wallace personifies dedication and passion as of the hardest working and most feared defensive players ever to play basketball. While offense receives the glory, defense wins championships.

While this may appear to have nothing to do with markets, economics or business, it indeed does. Wallace's traits are what have made humanity great. And, they are the traits that will pull us out of an environment at some point. It will be dedication, hard work and passion. Rather than believing our economy will flourish by pushing paper as we have recently been led to believe, we will refocus on what makes humanity great. That being solving problems, innovation and our passion to build things. The cycle of financial games is over. And, rather than believing capital markets lead the economy as we are often told, they will return to their critical role as a primary support mechanism for the real economy. You remember that don't you? In other words, Wall Street receives the glory but the cumulative ability of individuals in the real economy wins championships.

Let's watch a clip of Wallace put together by a few Youtubers to remind ourselves of what we are all capable of, in our own way, when we put our minds to it. Because, as bad as the economy may get, the sun will shine again. And, it will do so because of our hard work and dedication to make it so.