U.S. Investing

Victory Belongs to the Most Tenacious

The statement “Victory belongs to the most tenacious” is stenciled onto the inside of the stands on Court Philippe-Chatrier, the center court at the Stade Roland Garros.

In English, the “Stade Roland Garros” translates from French into “Roland Garros Stadium,” and it is the name of the complex of tennis courts located in Paris that hosts the French Open. That tournament is taking place right now, and on Tuesday, the viewing world was treated to an epic match between two of the greatest in the history of the sport, Novak Djokovic and Rafael Nadal.

The outcome was a Nadal victory in four sets, with the final set an intense tiebreaker that saw some of the match’s most brilliant shots. It also showed the resolute nature of both men, battling with what appears to be every fiber of their respective beings in the pursuit of a single goal, i.e., to make a great shot, to win a point, to win a game, to win a set, to win a match and to win a tournament.

Both incredible competitors will go down in the annals of the sport as two of the most tenacious players ever to pick up a racket. And that is appropriate, because tenacity is a trait that embodies the actual person the Stade Roland Garros was named after.

Now, you might think (as I naturally did) that given this is a tennis stadium, the Stade Roland Garros would be named after a tennis great. I mean, in America we hold the U.S. Open at the National Tennis Center in Flushing Meadows, New York, and the featured center court matches there are played in Arthur Ashe Stadium. That stadium was named after one of the greatest American tennis stars, Arthur Ashe, a man who won the inaugural U.S. Open event in 1968.

Yet Roland Garros wasn’t a professional tennis player.

The intense eyes of Roland Garros betray his tenacity. Photo is in the public domain.

 

Roland Garros was a French businessman, an aviator, a World War I fighter pilot, an inventor, a skilled pianist, a pioneer, a hero, a trailblazer — definitely a Renaissance Man. Born in Saint-Denis de la Réunion on October 6, 1888, Garros was educated at the HEC business school. At the age of 21, he started his own company, a car dealership near the Arc de Triomphe in Paris. Now, mind you, this was in 1909, and there weren’t many car dealerships at that time.

Interestingly, in August 1909, his life changed as he attended his first air show in the Champagne region of France. Garros is said to have fallen in love with these new winged machines, and soon thereafter, he bought a plane and taught himself how to fly.

Two years later, September 6, 1911, Garros broke his first altitude record, reaching 3,910 meters (about 13,000 feet). He was soon a regular on the nascent air show circuit and in competitive air races, and he became known for his daring aviation skills. He even became a bit of a star in the aviation world, as hundreds of thousands of people in both Europe and South America would come to watch him in action.

Just two years after that altitude record, Garros took his airplane across the Mediterranean Sea, something that had never been done at the time. On September 23, 1913, he flew from Saint-Raphaël on the French Riviera to Bizerte (Tunisia), a journey that took nearly eight hours.

At the onset of World War I, Garros employed his aviation skills in defense of his native France. Now, at that time, aviation in war was new, and airplanes were equipped with little or no weaponry. That changed, however, once Garros decided to invent a machine gun that could be mounted on a fighter plane — one that could be synchronized to fire through the propeller.

In April 1915, Sub-Lieutenant Roland Garros had already used his aviation skills and new invention to win several aerial battles against German aircraft. But on one mission, his plane was hit by German anti-aircraft fire over Belgium. Garros was forced to land, and he was subsequently taken prisoner before he had chance to destroy his plane. His brilliant invention unfortunately fell into German hands, and that nation’s engineers used his ideas and adapted them to their own aircraft.

But the story gets even better. After three years in captivity, Roland Garros escaped his captors, and he did so disguised as a German officer. Unfortunately, his health had suffered mightily during captivity, but that didn’t stop the tenacious Garros from rejoining the fight.

As a result of his capture, he became badly short-sighted and had trouble seeing well enough to fly a plane. But Garros didn’t let this ailment deter him. So, he made himself eyeglasses in secret, not telling any of his fellow French aviators, so that he could see well enough to keep flying and keep battling the Germans. Sadly, on October 5, 1918, Roland Garros was killed in the skies of the Ardennes, doing what he wanted to do, and becoming legendary in the process.

In 1928, about a decade after his death, France had turned her attention to sport via the building of a large tennis stadium in Paris. One of the heads of this tennis stadium project was a man named Emile Lesueur, a former business school classmate of Roland Garros at the HEC. It was Lesueur who made sure that the Stade Français would be named Stade Roland Garros in honor of his friend and fallen hero.

So, what can we take out of this story that I suspect you never knew about until now?

Well, by reading about the valorous lives of those who shaped the world around us with their intelligence, courage and, most importantly, their tenacity in the face of unspeakable adversity, we can draw inspiration in our own lives when it comes time to meet our own challenges, set our own records, battle our own enemies, escape our own captors and rejoin the fight to defend our values.

Because as Garros said, “Victory belongs to the most tenacious.”

***************************************************************

On Unguarded Thoughts

“Nothing can harm you as much as your own thoughts unguarded.”

— Buddha

The cavalcade of impressions, feelings and ideas that come into one’s head on a constant basis are where we live our lives. And while deliberately contemplating everything from cats to the cosmos can be an enormously gratifying pursuit, being consumed by what the Buddha referred to as “thoughts unguarded” also can be the greatest source of one’s unhappiness.

So, the next time you notice (and the key here is to notice) negative, self-loathing thoughts stream into your consciousness, allow them to stream right out of your consciousness as silently and inauspiciously as they invaded. Learning to do this is what the practice of “mindfulness meditation” is all about, a practice that I and millions of others have embraced in recent years to help us make our thoughts less “unguarded.”

Wisdom about money, investing and life can be found anywhere. If you have a good quote that you’d like me to share with your fellow readers, send it to me, along with any comments, questions and suggestions you have about my newsletters, seminars or anything else. Click here to ask Jim.

Jim Woods

Jim Woods is a 20-plus-year veteran of the markets with varied experience as a broker, hedge fund trader, financial writer, author and newsletter editor. Jim is the editor of Successful Investing, the Bullseye Stock Trader, and The Deep Woods (formerly the Weekly ETF Report). His books include co-authoring, “Billion Dollar Green: Profit from the Eco Revolution,” and “The Wealth Shield: How to Invest and Protect Your Money from Another Stock Market Crash, Financial Crisis or Global Economic Collapse.” He’s also ghostwritten many books and articles, as well as edited content for some of the investment industry’s biggest luminaries. His articles have appeared on many leading financial websites, including StockInvestor.com, InvestorPlace.com, Main Street Investor, MarketWatch, Street Authority, Human Events and many others. Jim formerly worked with Investor’s Business Daily founder William J. O’Neil, helping to author training courses in the CANSLIM stock-picking methodology. The independent firm TipRanks rates Jim the No. 3 financial blogger in the world (out of more than 6,000). TipRanks calculates that, since 2012, he's made 361 successful recommendations out of 499 total, earning a success rate of 72% and a +15.3% average return per recommendation. He is known in professional and personal circles as “The Renaissance Man,” because his expertise includes such varied fields as composing and performing music; Western horsemanship, combat marksmanship, martial arts, auto racing and bodybuilding. Jim holds a BA in philosophy from the University of California, Los Angeles, and is a former U.S. Army paratrooper. A self-described “radical for capitalism,” he celebrates the virtue of making money from his Southern California horse ranch.

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