Friends,
On April 6, 1971, the Milwaukee Brewers began their season with a new radio broadcaster: a 37-year-old with an unremarkable baseball career. No one could have predicted what came next.
Over the following six decades, he would appear 100+ times on The Johnny Carson Show, star in a primetime sitcom, and earn legions of fans as Harry Doyle in the hit Major League franchise.
His name was Bob Uecker. Last week, at the age of 90, he passed away.
Something many outside of Milwaukee don't know: Uecker never stopped calling Brewer games. He held the job for 54 years -- his last game coming just three months ago.
We bring up Uecker because the name of our newsletter is Long Term Mindset. And in Uecker, we notice something we see in every field from those experiencing long-term success: a joy in what they do.
After his death, it was revealed that even after he stopped being able to travel on the road with the Brewers, Uecker would still go to the stadium...to help the grounds crew cut grass. That's how important this was to him.
We hear a similar sentiment of joy from none other than Warren Buffett. In his 2013 letter to shareholders, he said:
I truly do feel like tap dancing to work every day.
These days, it's not uncommon to hear terms like "grinding it out", or "killing it" as glorified stand-ins for professional accomplishment.
For those of us with a long-term mindset, our reaction is the opposite: mild revolution. For us, such terms are stand-ins for "short-term, unsustainable success."
Few would equate "cutting grass for free" or "skipping to work" as "killing it." But that's the whole point: we aim for the long view here.
If investing in individual stocks brings you joy, congratulations: you're already on the right path.
And even if it doesn't, the success you experience in this realm can free up enough time and money to choose a life that has you "tap dancing to work" every day.
Over the long run, we can't imagine a better proxy for success,
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Brian Feroldi, Brian Stoffel, & Brian Withers
Long Term Mindset
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P.S. Have you Seen any great investing content lately? Reply to this email with what you've found and we might include it in a future newsletter.
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