Monday, March 14, 2011

The Myth of Sisyphus

Mr. Albert Camus, who won the Nobel Prize in Literature in 1957, wrote The Myth of Sisyphus. I recently read a part of it. Sisyphus was a character from Greek mythology who was condemned to live life in a vicious circle; push a rock up the hill, watch the rock roll down the hill, push a rock up the hill, forever. Sounds like fun.

Mr. Camus believed that Sisyphus was an absurd hero. I think traders are absurd heroes. We try to make money trading a dynamic thing called the market. We can have our great runs, only to see the market roll our accounts right back to where we started. We push onward and upward again, only to once again see the market roll us back down. This cycle can be vicious and can make us feel that what we are doing is absurd. Nonetheless, faith, persistence, and determination is what allows us to face absurdity and uncertainty each day; just like Sisyphus.

Cheers to all you absurd heroes out there, keep pushing your rocks…


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