Practice management: The financial sailboat

Our first boat is designed by an equity salesperson. It has a tremendous sail, a tiny hull and a small life preserver. In good weather, with the right winds, this boat can really move against the tides of inflation, but it can be unstable in bad economic weather since it might easily capsize.

Our second boat is designed by the person who, above all, wants safety in bad weather. With that huge hull, there's not much danger of capsizing in bad weather, but how is it going to move against the tides of inflation with that tiny sail?

Our third boat is designed by the life insurance agent. One's family will certainly be safe in case the boat sinks, but that tiny sail won't make much headway against the tide of inflation and that tiny hull is not going to be very safe in bad economic weather.

And then we have the fourth boat. Now here we have a boat that has a large enough sail to move against the tide of inflation, a large enough hull to be safe in a storm and an adequate life preserver to save the passengers in case the boat doesn't make it to shore. Isn't that the kind of sailboat you'd buy?