Photo: Stocksnap. Source: Pixabay
I grew up in house that bordered a small wood. It was a great place to ramble and explore, to see a family of racoons or hear a pheasant crow in the morning or find fox tracks. We never knew what we’d uncover next. It gave me a spirit of exploration and adventure that’s still valuable, whether I’m listening to one of my kids’ favorite hip-hop songs or trying to understand CRISPR technology and genetic medicine.
Adventure is a powerful concept. You don’t need to be an adrenaline junky. We can adventure into our own minds and motivations, just as much as we can search for artifacts and ancient civilizations. Educators use adventure to motivate young students, engaging their emotions as well as their minds. The JASON project, for example, connects classrooms with archaeologists, polar explorers, hurricane chasers, and others to inspire as well as require an understanding of science and math.
Underwater archaeology diorama. Source: Wikimedia
Searching for undiscovered gems and untraveled paths is one reason to look at smaller stocks. Companies that develop industrial robots or that design the next generation of MRI scanners can be good investments, if they’re managed well and have sound finances. Small companies can be volatile, though. The fact that they have fewer holders means the price can jump dramatically on good or bad news. That’s why advisors usually don’t recommend putting too many of your eggs in a small-stock basket.
Curiosity is underrated. Standardized tests and school curricula don’t measure our motivation, the tendency to explore and discover new things in new ways. Life isn’t just about acquiring and achievement, getting and spending. It’s about also about fulfillment.
Douglas R. Tengdin, CFA
Charter Trust Company
“The Best Trust Company in New England”