Remember Indiana Jones and the Last Crusade?
Public Domain. Source: Book of Romance, Flikr
When Indiana gets to the final scene in a cave, he’s confronted by an array of choices. The one instruction he’s given is “Choose wisely.”
That’s my theme for next year: choose wisely. Confronted by volatile markets? Choose wisely. Finding unexpected risks? Choose wisely. Facing personal pressures? Choose wisely.
Our sources of wisdom should be diverse: from number-crunching to reflection on our own needs and limitations to insights from finance or even the news. Just don’t react. Listen, learn, and choose. Then act.
At the end, Indiana’s rival was undone because he could only reflect on own ambition, which he mistakenly projected onto everyone else. Indiana made a choice based on his understanding and empathy and a little common sense. That’s why he succeeded.
In the coming year, let’s all try – to make wise choices.
Douglas R. Tengdin, CFA
Charter Trust Company
“The Best Trust Company in New England”