Ep. 5 - Why Tactics Trip You Up and Principles Push You Forward

In this enlightening episode, we have the pleasure of speaking with none other than Jordan Sheik. Besides being my wonderful husband, Jordan is a powerhouse in the Business and finance realm, With years of experience under his belt, Jordan has been instrumental in spearheading LEAN process improvement and fostering growth in multiple organizations.

What makes this episode special? We decided to switch things up a bit! This isn’t your typical studio conversation; instead, imagine us lounging by our family home's pool, champagne glasses in hand, delving deep into the intricacies of tactics and principles in the investment world. When Jordan began discussing the difference between the two, I just knew this was a conversation worth sharing. So, with a quick tap on my iPhone, I made sure our listeners wouldn’t miss out on this gem.

Principles refer to the foundational ideas, while tactics are the strategies to achieve those ideas. Two primary takeaways from our chat are: 1) Reapplying a once-successful tactic in a different context or time may not yield the same success, and 2) It's crucial to grasp the underlying principle first, and then tailor the tactics to suit your unique situation.

Tune in for this candid and insightful conversation and discover the art of making the right moves in the world of investing. 🍾🎙️🌊 #InvestingWell #TacticsVsPrinciples

 

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