What Sun Tzu Wrote:
“In warfare we ought to vary our tactics to the utmost degree.”
What This Means to the Modern Financial Professional:
This section speaks to the dangers of complacency. The savvy FP must vary his tactics, be flexible, and respond to shifting circumstances quickly and successfully. As espoused in the Wall Street Psychologist’s Gyroscope, the FP must ever aspire towards betterment, regardless of previous accomplishments. Just as the markets are continually morphing, the FP must continue to evolve, even if his growth is modest and incremental. In an industry beset by ego and narcissism, it is the mindset to be willing to seek change that is as important as the change itself that lends the advantage to see opportunities where others may not. Psychologically, there is never a time for resting on your laurels. For the driven individuals I treat, aspiration to be exceptional is the salve for the psyche.