Jan
14
Survival and Fitness, from James Sogi
January 14, 2009 |
The surf line up is a competitive arena requiring strength, endurance, and agility. Almost none of my contemporaries survived. I see them hanging out on the beach, drinking, overweight. I am one of the last survivor of my generation out there. Makalawaena Bob, at 73, is still surfing.
Disease at this stage of life is one of the main factors. A negative mental and moral attitude seems to correlate with disease among my acquaintances who have been struck down. There have been a large number of business failures on a large and small scale this past year. Survival is the name of the game. Survival requires fitness which is a combination of strength, endurance and agility. An imbalance reduces fitness. With age comes a reduction of physical and mental agility. With effort, strength can be maintained. The mental aspect requires avoiding bad attitude. It requires daily diligence to every detail: eating, sleeping, exercise, drinking. These are such simple things, but it's so hard to execute them. It is extremely difficult to maintain fitness, both physically and in the business world.
In trading this year, survival also was the name of the game. It required fitness of the mental sort. Strength and endurance to handle the awesome swings. Endurance to stay up the late nights. Agility to move quickly in 100 point ranges. The main thing was to survive. With so many of the big names going down, with those all around going down, and suffering massive losses, survival. How does one survive? Physically, be fit. In business, always be careful, always protect oneself. Many lost all due to failure to do so. Attend to detail. Avoid mental error and bad attitude and the dangers of hubris. Avoid the string of errors spiraling out of control ending in death. Competition and survival seem diametrically opposed, but in fact they are not. Sometimes, merely surviving wins. This was Croesus's dilemma.
Jeff Watson writes:
Our surf line up is composed mainly of teenagers and 20 somethings who are pretty aggressive and competitive like surfers of that age group tend to be. The three surfers who are over 40 at my break rely on knowledge of the waves, experience, and physical conditioning to be able to compete in the young man's arena of our little circus. The parking lot is full of guys my age, sitting on the beds of their pick up's, drinking beer, smoking cigarettes, and talking story to whoever will listen. It is evident from the old wax jobs that their boards haven't been ridden in a long time. They claim that they will only go out when the waves are good, but somehow conditions are never good enough for them to go out and get wet. They sit there like deteriorating relics, gaining weight, polluting their lungs, ruining their livers, and reminiscing on how much better it was thirty years ago. Like middle aged armchair quarterbacks everywhere, they always have an opinion and never fail to critique of our waves. Sitting in that parking lot will never get them ready for the rare big swell that passes through. Meanwhile, our small geezer patrol is hitting every swell that's over knee high, having fun and staying healthy in our advanced age.
Russ Sears writes:
2008 was finally the year that even at my best times an average collegiate runner could beat me. At the shorter races (5k-10k), a good high school kid would also. I've fought the good fight, I've kept the faith. I'm definitely not out of shape, nor sitting on my couch talking about the old days, drinking cheap swill, bragging like I could still do it if I could only find the time to train or if the perfect right wave came.
Many distance runners, run and train hard for life. But few of my contemporaries kept at it. You'll still see a few of the late 70s early 80s USA distance stars, make a speaking engagement tour to show-up at road race expos and some will even run. I believe Bill Rodgers may still have a few age records but the stars in the Masters divisions usually can beat them. Age and a few too many battles has finally taken that extra zip away.
I've had the privilege to train with several great runners over 40. I've had insights to their training, racing and personal life. They have in turn made me aware of how many of the great master runners have trained. Here are few insights that might apply to working with a tough market.
Often those that bloom to be the Masters champs are those that either took time off in their youth or never started serious training to begin until their 30s or late 20s (this is especially true with women).
I've also known runners that were clean up till their 40s start to lose their competitive edge and turn to banned drugs to get it back. The rules don't seem to matter once they see their youth and promise start to slip to age. But the thing was everybody knew what was happening. It was clear to those that watched they were using something. Their times would place them in the middle pack. Suddenly they would have a phenomenal race or races. One was not to be believed and they'd get caught in a drug test a few months later.
However, I know many runners that were great in their youth and suddenly, often on turning 40, would start to run again. They'll find and contact me, since they know I've kept trying, and expect in a few months to be setting new age records. I've yet to see one of these succeed.
With this insight you might think I would have done better after 40 than I did. On approaching and turning 40 I first tried running same amount and did not back down on workouts. I didn't heed the coaches warnings to those thinking they were invincible: "just because you could, doesn't mean you should". This placed me on the injured and sick list too much. So I've cut back to less miles.
A for the marathon and beyond however, where the race is often about survival on the edge of what the athlete is capable, the battle still goes to the experienced and mentally tough. Not that a good young marathoner couldn't still beat me, it's that few will. Even at the local no named races I expect to be beaten by some young well trained younger runner, but he must be well trained and give enough to last the whole race. Are they willing to grind it out, when things get really tough.
What gives the edge to the youth is their resilience. As HBR said: “More than education, more than experience, more than training, a person’s level of resilience will determine who succeeds and who fails. That’s true in the cancer ward, it’s true in the Olympics and it’s true in the boardroom.” – Harvard Business Review, May 2002. Many aspects of resilience are internal and hard to detect. However, one outward clue to self resilience is sense of humor. Comedy is aimed at youth, many men simply become grumpy old lions. Do companies have a sense of humor, in these markets?
Comments
Archives
- January 2026
- December 2025
- November 2025
- October 2025
- September 2025
- August 2025
- July 2025
- June 2025
- May 2025
- April 2025
- March 2025
- February 2025
- January 2025
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- Older Archives
Resources & Links
- The Letters Prize
- Pre-2007 Victor Niederhoffer Posts
- Vic’s NYC Junto
- Reading List
- Programming in 60 Seconds
- The Objectivist Center
- Foundation for Economic Education
- Tigerchess
- Dick Sears' G.T. Index
- Pre-2007 Daily Speculations
- Laurel & Vics' Worldly Investor Articles