Bravo Red Sox
I get up very early in the morning to prepare for the markets’ open. The usual routine involves checking my inbox for important emails from friends or respected professionals, quickly poring over all the news, running through my RSS feeds, tracking my investment ideas through Google (GOOG) Alerts and some proprietary software that automatically populate my database of companies to investigate further. I find that having a discipline or process helps me to keep my mind focused, sharp, and ready to generate new ideas.
Early tomorrow morning, I’m changing my routine so I can catch the Red Sox open the season against the Oakland Athletics in Japan. ESPN (DIS) will be televising the game at 6am EST, but since I’m in the Mountain states, I will need to get up by 4am MST to catch the first pitch. Can’t complain though since I’ve been in withdrawal since the last out of the World Series in 2007.
The Red Sox better jump out to an insurmountable lead early so I can comfortably get back to preparing for the markets. I am a moderate to long term investor so I usually don’t make very many moves, but it is essential that I stay aware of big picture developments and microeconomic situations. During market hours though, I don’t pay too much attention to the action because I have to manage my technology startups and because I find that not being glued to the screen helps me to keep aloof of the market’s passions. After market close though, I spend a great deal of time doing the deep research that helps me attain an edge.
If the boys from Beantown don’t take an early lead, I’m going to have to say to heck with the market and keep my eyes affixed to the action on the baseball diamond.
Since the Red Sox won a bidding war for the services of Japanese pitcher Daisuke Matsuzaka last year, the fan base in Japan has grown exponentially. This is a strategy an increasingly sophisticated Boston team should expand upon. By scouring the world for the best baseball talent from relatively unknown countries, the team can diversify its fan base and talent base. Brand – build it and they will come. This is a concept that the management of the team should instinctively understand. John Henry, the owner, made his fortune in commodities investments; so I am sure that he can see the parallels between building a great team and a great portfolio.
Go Red Sox!