One More is Never Enough

One more night could kill me, baby
One is one too many, one more is never enough

–Grace Potter, Kenny Chesney, “You and Tequila”

Peak experiences. By their very nature, they’re infrequent and gone too soon. Yet, it seems like whenever we’re fortunate enough to experience them, it’s just never enough — and we want one more.

This quest for just one more is at the heart of achievement and living a happy and fulfilling life. It’s also why capitalism is such a virtue, because capitalism is the only social system that can allow us to achieve that just one more.

My reflections on this topic come courtesy of a peak experience I’m currently undergoing, which is the writing of this week’s issue while on board the SS Splendor, the opulent cruise vessel operated by Regent Seven Seas Cruises.

I’m here with my colleagues Roger Michalski, Bryan Perry and Dr. Mark Skousen for the Eagle MoneyShow cruise from Miami to Lima. Right now, I’m about to spend my final day in Lima before returning via airplane to Southern California.

The best part of the trip so far has been interacting with my cohorts, meeting interesting people from all over the world and, most of all, engaging in the ultimate peak experience — learning new things.

You see, in a world where we often feel so small, I can’t stop thinking big.

I want to fill my head with big ideas about who we are and what we are, and I want those ideas to be as fully vetted by reality as they can be. And the only way to do that is to conduct your own intellectual “boots-on-the-ground” research that takes you to places you haven’t been, and to touch, see and hear things you never have — or indeed, never knew existed.

Of course, to make this task possible, you must have the capital. I mean, these Regent cabins don’t come cheap!

Fortunately, there’s plenty of outstanding knowledge that can help you stack up your investment capital, and I’m proud to say that my colleagues and I at Eagle Financial Publications specialize in delivering just that.

So, if you are in search of more investing capital that allows you to think bigger and bigger in a world that can make you feel small, then the offerings from Eagle Financial Publications are a great way to expand your mind.

Finally, I want to thank you, The Deep Woods loyalists, for reading this column and for making me feel so fantastic about what I do and how I get to interact with the world. It’s because of you that I am able to think big in a world where it’s so easy to feel small.

And with that, I’m off to drink up more knowledge — and to keep thinking big!

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Bulls Run, Bears Grumble

“The bulls love to run, but the bears love to grumble.”

–Jim Woods, future editions of “The Maxims”

Investing is a game of momentum and emotion, and it’s easy to get caught up in both. That’s because when everything you own is going up, euphoria sets in. Conversely, when everything is headed lower, you can feel that pit in your stomach like a black hole drawing you down. To be successful, however, you need to remain calm when the bulls run and when the bears grumble, because they always do both.

Finally, I’m happy to say that this market quote will be the first, and hopefully not the last, of my contributions to future editions of “The Maxims of Wall Street.” Big thanks to the great Mark Skousen for the honor!

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.

In the name of the best within us,

Jim Woods