What Michael Holland Learned About Investing From Running the NYC Marathon

The video discusses resilience through the lens of marathon running and investing. It highlights the speaker's experience of completing the New York Marathon 22 times and draws parallels between the discipline required in marathons and investment strategies. The speaker emphasizes the importance of persistence and being prepared for tough times, both in running and financial markets, using personal anecdotes and references to Gerald Loeb's book 'Battle for Investment Survival'.

What is the significance of completing the New York Marathon 22 times according to the speaker?

• It is a way to win a competition.

• It shows a commitment to resilience and endurance.

• It represents a personal best every time.

• It is a means to gain financial profit.

How does the speaker relate marathon running to investing?

• Both are easy to master.

• Both demand discipline and persistence.

• Both are about achieving quick success.

• Both require a lot of money.

What does the speaker suggest about the longevity of contemporaries in marathons and markets?

• Most have continued to thrive.

• They have all become successful investors.

• They have all become marathon champions.

• Many have not lasted in either field.

What book does the speaker reference when discussing investment survival?

• Battle for Investment Survival by Gerald Loeb

• The Millionaire Next Door by Thomas J. Stanley

• Rich Dad Poor Dad by Robert Kiyosaki

• The Intelligent Investor by Benjamin Graham

What is the speaker's advice for handling tough times in marathons and markets?

• Always aim for personal bests.

• Be prepared and make intelligent decisions.

• Avoid any risks at all costs.

• Invest heavily in stocks.