The art of the micro-win.

A while ago, I wrote that success in business, much like winning a baseball season or a decisive NFL game in this case, should be built through a series of small, repeatable actions that compound over time rather than relying on the rare, massive success of a home run swing or a hail-mary pass.

Of course, there’s the occasional Elon Musk that comes along, but as investors, if you want the odds on your side, you can’t rely on those kinds of events.

I believe it was Housel who wrote eloquently about this; the two guiding principles of this philosophy should then be:

• Prioritize consistency over risk: Swinging for a "home run" can lead to significant failure or "outs." The singles philosophy reduces the chance of catastrophic failure, something I’d value in investing.

• Look for the cumulative advantage: A series of singles, doubles, and walks effectively moves runners around the bases and reliably scores runs. Similarly, consistently achieving small wins (think of improving efficiency, retaining customers, making incremental product improvements) builds momentum.

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