Tenacity
Good Morning Ladies and Gentlemen
“The stuff your dreams are made of is not tearproof.”
Simone Lappert
Tenacity: my favourite definitions
An example of tenacity is the ability to keep doing something challenging despite obstacles or setbacks. Another example of tenacity is the determination to continue pursuing a goal or a dream, even when there are difficulties or opposition. Tenacity can also mean the quality of holding firmly or being persistent in something. Others may not easily persuade someone who defends their beliefs or opinions with tenacity.
Tenacity in Investment management
Sensible investment management mainly makes the most of opportunities within a given mandate. Sometimes, opportunities do not come easy, and we (investment managers) must be tenacious to seize them. By persistently pursuing opportunities, we increase our chances of success. Tenacity does not mean mindlessly persisting in the same direction; it also involves adaptability. It is about finding new strategies, being open to change, and adjusting sometimes only little things to reach our objectives, always within the given mandate.
Conclusion I
Tenacity is often the key to achieving someone’s goals or dreams. Many worthwhile endeavours require time, effort, and the ability to push through challenges. One may give up easily without tenacity when faced with obstacles hindering one’s progress. However, one will inevitably encounter obstacles and setbacks, like in Simone Lappart’s quote, “The stuff your dreams are made of is not tearproof”. There may be tears on the way to reaching our dreams. However, tenacity helps build resilience and allows us to persevere through these challenges, learn from them, and become more assertive.
Conclusion II
The process of being tenacious often involves a learning curve. We acquire valuable experience and skills by persistently working towards our goals, undoubtedly a quality that fosters personal growth. This experience can be applied to future endeavours. When others see our determination and willingness to see things through, they are more likely to trust and believe in our abilities, enhancing our reputation and credibility in personal and professional settings. At least, Ladies and Gentlemen, this is what I would hope for from our clients and investors.
Your point of view
Ladies and Gentlemen, please share your opinion with me, but please remember (instead of hitting the reply button) to send your messages to: smk@incrementum.li.
Many thanks, indeed!
I wish you an excellent start to the day and a wonderful weekend!
Yours truly,
Stefan M. Kremeth
CEO & Head of Wealth Management
Incrementum AG – we love managing assets
Tel.: +423 237 26 60
Cell: +41 79 303 48 39
Im alten Riet 102
9494 Schaan/Liechtenstein
Mail: smk@incrementum.li
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