John B. Watson, psychologist, and founder of “Behaviorism” once offered:
“Men are built, not born. Give me the baby, and I’ll make it climb and use its hands in constructing buildings of stone or wood. I’ll make it a thief, a gunman or a dope fiend. The possibilities of shaping in any direction are almost endless.”
I thought of this quotation today due a phone call. The caller wanted to know why the Turtles today have differences in performance. Two issues for consideration:
1. Some Turtles like Jerry Parker have chosen a path of less risk and less return. Some like Tom Shanks have stayed true to their higher risk/reward roots. Even though they have made different choices they are BOTH still trend following Turtle traders!
2. Beyond risk/reward choices, chapters 11, 12, 13 and the afterword of my book lay out a clear picture why some Turtles made it and some did not.