Baseball players play a LONG season. 162 games in fact over the course of six months, not including a one month preseason. So making it into the postseason is a big deal especially in baseball where only 33% of the teams are represented, unlike the NBA where 50% of the teams make it.
So I get it. Making it into the postseason is a big deal and it should be celebrated, but the elaborate displays of champagne showers, goggle yielding 20 and 30 years olds and tarp covered clubhouses has to stop. Teams should wait until they win the big one.
The baseball post season is about to officially begin, yet we have already seen teams celebrating their ticket to the playoffs as if they have already won the world series.
Along the way, we will continue to see teams celebrating their triumph in each round. Yet, 9 out of 10 of these teams will go home empty handed and there will only be one team left to truly celebrate as world series champions.
Linking this to investing, it is very similar to the talking heads on news networks analyzing every 1% move up or down in the markets and stocks. As investors, we are told to have a long term outlook for our portfolio, especially if you are starting in your 20s an 30s.
Yet, when the markets show any signs of weakness, we get the infamous "markets in turmoil" special. When they go up 1%, everyone is happy and it's time to celebrate like a baseball team qualifying for the wild card round.
We can learn from not over-celebrating the small wins and just keep focusing on the process, because we all know how fast a market can in the opposite direction.
Save the celebrating for the big one. Whatever that may be. That's for you to decide.
Do you agree? Are baseball and other early sports celebrations over the top?