Stock investing is just like golf in every way that matters. Markets are completely impartial and their rewards and punishments are meted out with an even hand. They cannot be mastered. You can make two investments that seem exactly the same to you and yet one will deliver a sack of cash and another will turn into a box of rocks. Just as in golf, the most important question in investing is “What are you going to do next?” In both golf and investing, sometimes you go for the big shot and sometimes you play it safe. But whining about conditions won’t help you a bit. And just like golf, investing requires you to know your own temperament and limitations and the current conditions on the course and play accordingly if you’re going to make money.