Dykstra: The Heat Is On

Stock quotes in this article: YHOO , PFE , FNM , MVK  

Similarly, managers are subject to intense pressure as well, which can cause them to alter their usual strategies. Gene Mauch decided to pitch Jim Bunning and Chris Short every other day during the stretch drive for the Philadelphia Phillies in 1964. That resulted in the Phillies squandering a six-game lead with 10 games remaining to the St. Louis Cardinals, who went on to win the World Series. Amazing how a manager of Mauch's stature would change his strategy so significantly at that point in the season.

Of course, in all fairness to Mauch, we are all geniuses in retrospect, but the message for investors is to find a style that works for you and stick with it!

The "boys of summer," and athletes in general, are paid large sums of money to overcome the pressure, which can be stifling at times. The fans expect us to produce, and that creates even more pressure. Recall last week's column in which I noted that a 70% failure rate in baseball makes you a legitimate candidate for the Hall of Fame. This should demonstrate how truly difficult it is to produce under pressure.

Despite the monumental expectations and the crushing pressure, athletes would do well to remember The Godfather Part II, in which Hyman Roth declares to Michael Corleone, "Michael, this is the business we have chosen."

Life is a journey; enjoy the ride!

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At the time of publication, Dykstra was long Yahoo!, Pfizer and Biomet although holdings can change at any time.

Nicknamed "Nails" for his tough style of play during his Major League Baseball career, Lenny Dykstra was an integral member of the powerful Mets of the mid-1980s and the Phillies of the early 1990s, including the world champion 1986 Mets squad.

Today, Dykstra manages his own stock portfolio and serves as president of several of his privately held companies, including car washes; a partnership with Castrol in "Team Dykstra" Quick Lube Centers; a state-of-the-art ConocoPhillips fueling facility; a real estate development company; and a new venture to develop several "I Sold It on eBay" stores throughout high-demographic areas of Southern California.





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