Like elephants, humans retrace. In my 20s a lady friend, whom I had
been dating for a couple of years, ended our relationship. But I kept
retracing my steps to her threshold. Kept the phone line open to her
abode. Wrote notes. For quite some time. Couldn’t give up. Not
stalking, mind you, nothing rude.She reinforced my behavior by occasionally allowing me to seduce her. Her desire for my embrace had
not burned out. I retraced to her doorstep, her phone number, again and
again, sometimes to be rewarded. More often to be denied.
And it was fruitless in the long term.I look back on that and wonder about my common sense.
That’s Ken Smith at Daily Speculations. Wow; what an encapsulation of one of life’s great, great lessons. There’s other ways to learn it, I suppose, but I doubt there’s anything more powerful that to learn it in exactly the way he describes.
He goes on to relate it it to mistakes under the same principal error.
After March 2000 I retraced my actions in the markets, time and time
again, only to be randomly rebuffed or rewarded — but mostly punished.
Kept retracing the trades that had rewarded me so much for so long. I
could not believe this had turned against me irrevocably.
And it was fruitless in the long term. I look back on that and wonder about my common sense.