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"The best defense is a good offense." - Boxer Jack Dempsey
I've always loved this Jack Dempsey quote - and with good reason.
It tells us that, when the chips are down, you don't sit back, "go defensive," and let events take control over you.
Instead, you take control. You go on the attack. You go on the offensive.
In today's "disruption economy" - where innovation keeps changing the competitive landscape - that's the only way to go.
About the Author
Before he moved into the investment-research business in 2005, William (Bill) Patalon III spent 22 years as an award-winning financial reporter, columnist, and editor. Today he is the Executive Editor and Senior Research Analyst for Money Morning at Money Map Press.