Friday, July 17, 2009

Hedging Bets When Walking

Have you ever found yourself walking right in the path of someone else, and becoming increasingly concerned over how you were going to break away from their magnetic pull? As the sweat builds within your palms, you strategise on whether to break right or left when the time comes. Within seconds, it's go-time, and suddenly you find yourself intermittently breaking right then left, but not forward, which confuses the hell out of the other person, who begins to do the same. To on-lookers, you're either French & greeting each other, or you're performing a dance that is sure to be a fad soon.

You and I know that both guesses are wrong. Rather, you are trying to go on your way, but you have a natural instinct to hedge your bets. You break both ways as a safety net, just to avoid the off-chance that your counterpart is going to head the same way and cause a horrific collision. Recent statistics show that 8/10 times this strategy is not successful; not dissimilar to the lack of success that many hedge funds have seen over the past few years.

The above scenario happens more frequently in city centers, but it is applicable anywhere. Moving forward, I recommend picking your way and sticking to it. You'll not only avoid awkward interactions with strangers, but you'll also aid pedestrian traffic flow & get to your destination 1 minute sooner