History Lessons for the Modern Investor Podcast

đź§ąSweeping Your Way to Better Investing


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On July 30, 1969, the New York Mets completed an improbable sweep of the Chicago Cubs.

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The win sent the perennial losers into first place in the National League for the first time ever. Just a few years before, the Mets had been baseball’s cellar-dwellers—a team more famous for bumbling misplays than championship dreams. But everything changed in 1969: after a summer surge and that pivotal July sweep, the “Miracle Mets” continued their incredible run, ultimately clinching their first pennant and, in October, their first World Series championship. Their ascent transformed the narrative not just for the franchise, but for sports fans everywhere. The Mets proved that, with discipline, teamwork, and a bit of luck, even the biggest underdogs can rise to the occasion and rewrite expectations. “Ya Gotta Believe,” as the Mets’ rallying cry went, is still a touchstone for anyone aiming to defy the odds—in investing, business, or life.Here are three lessons for Modern Investors from the rise of the Miracle Mets: ⚾ Momentum Can Turn, But It Takes PersistenceThe Mets weren’t overnight sensations. They built confidence, roster depth, and chemistry over time before enjoying their breakout run. In markets, momentum can feel elusive, especially after periods of underperformance. But disciplined, consistent strategy—compounding small gains, learning from losses, sticking to sound fundamentals—can position you for dramatic change when opportunity appears. Stay in the game; sudden surges often reward those who persisted through lean seasons. It doesn’t really take a miracle. ⚾ Don’t Chase Hype—Spot Value Where Others Don’tThe 1969 Mets started the year with few believers; their roster was undervalued and overlooked. Investors often make the mistake of chasing “winner” stocks or following the latest headlines. But history shows that spotting overlooked value—stocks, sectors, or teams with untapped potential—can yield the biggest upsets. Dig deeper than surface stats, and be willing to invest in underdogs with room to surprise. The Mets’ midseason turnaround wasn’t just luck; it resulted from roster moves, tactical adjustments, and embracing new strategies as conditions changed. Markets, like sports, are unpredictable. Portfolios that hold up best are those built for adjustment—diversified, rebalanced, and ready to take advantage when new trends or leaders emerge.⚾ Cognitive Bias: Beware of Recency BiasIn July 1969, few thought the Mets’ hot streak would last—anchored as they were by years of watching the team lose. This is the recency bias in action: over-weighting recent disappointment (or euphoria) and ignoring the possibility of sudden change. Investors, too, can get stuck believing that today’s trend must be tomorrow’s. Remember: evidence can pivot quickly, and being open to change helps you recognize when it’s time to move beyond past assumptions.A Final ThoughtThe “Miracle Mets” of 1969 remind us that history is full of turnarounds—moments when the impossible becomes real for those who prepare, adapt, and don’t let old narratives limit new opportunity. Whether in the stock market, your career, or a favorite pastime, be patient, watch for unlikely winners, and don’t let yesterday’s results blind you to the promise of what’s ahead.

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🎯Patrick Huey is a small business owner and the author of three books on history and finance as well as the highly-rated recently-released fictional work Hell: A Novel. As owner of Victory Independent Planning, LLC, Patrick works with families and non-profit organizations. He is a CERTIFIED FINANCIAL PLANNER™ professional, Chartered Advisor in Philanthropy® and an Accredited Tax Preparer. He earned a Bachelor’s degree in History from the University of Pittsburgh, and a Master of Business Administration from Arizona State University. Patrick previously served as a Naval Flight Officer from 1996-2005, earning the Strike Fighter Air Medal during combat operations and two Navy Achievement Medals. 👉🏻 Reach him at 877-234-8957 or schedule a time to talk using this link:

https://freebusy.io/victoryindependentplanning-VIP-Booking/phone-consultation

#HistoryLessons #Planning #MiracleMets #Baseball

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History Lessons for the Modern Investor PodcastBy Patrick Huey