![]() Conversely, ground swells are similar to the market’s long-term investment trends in that they are long and fairly predictable and require little effort to ride.Īlthough the similarities between certain ocean swells and market trends are apparent, it seems surfers and investors pursue them very differently. ![]() ![]() ![]() From an investor’s perspective, wind swells are similar to the market’s short-term price swings – also known as volatility – in that they are short, fickle, and difficult to ride. In surfing lingo, there are two basic types of ocean swells - wind swells, which are generated by local winds, and ground swells, which are generated by winds blowing over longer distances. Surfers Know Which Swells to Chase and Which Swells to Ignore Similar to surfers, individual investors will ride the market’s waves more efficiently if they develop game plans to systematically rebalance their portfolios’ asset mix back toward the optimal weighting.Ģ. Consequently, if left alone, an investor’s asset mix will eventually drift away from its power source, leaving you with no momentum to continue and essentially dead in the water. Experienced surfers find more speed and drive by knowing where to find the most power in a breaking wave.įrom an investor’s perspective, broad asset classes like stocks and bonds are similar to breaking waves in that their performance also ebbs and flows over time. Surfers Know The Importance of BalanceĮvery wave is different a surfer has to continuously rebalance his position on a wave in order to keep riding it and get the most utilisation over the short period of time. Too much salt between the ears maybe? Scratch that stereotypical bullshit and find out why a surfer is perfectly suited to become an investor! 1. It’s not normal for a surfer to dabble in such things. Have you ever seen a surfer trade in shares, playing the stock market? I haven’t. I realised that there’s a lot in common between my life on the waves and my life buying shares. I have been in the ocean in many different conditions and although no one can tame or master it, we can make predictions and, most importantly, know when the risk versus reward is in line with our appetite.Ī few months ago I opened an EasyEquities account and started investing in shares as a complete novice. It’s what I know best and have the most experience in. As a result, everything in my life can be related to surfing and the ocean. "Alright, who's ready to surf?" Lenny asked, setting off a round of cheers.Īs Alms said, "Just by going surfing with the kids, it will give them some grasp of, you know, we're still here and we're not going anywhere.I have been surfing since the age of 6. Then it was time for young surfers to hit the waves at a beach that could become their new home break. The group then observed a moment of silence, holding hands around the sand. Lenny thanked them all for coming and for supporting each other. NPRīefore heading to the water, the extended surfing family, from 5-year-olds to touring pros, formed a circle. They all held hands and had a moment of silence. At the beginning of the event, Robalinho called together the group that included Alms and other pro surfers from Maui: Kai Lenny, Imaikalani Devault, Cody Young, Jackson Bunch, Summer Macedo and Annie Reickert. Pedro Robalinho, center, and his wife Rafaela Muniz organized the session.
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