“Every strike brings me closer to the next home run.” – George Herman “Babe” Ruth
Babe Ruth will always be remembered as a slugger – hence such nicknames as The Great Bambino, The Caliph of Clout, The Big Bam, The Behemoth of Bust and others.
In his historic 1927 season – in addition to his record 60 homers – Ruth was also No. 1 in strikeouts, whiffing 89 times (stunning for the time but a far cry from the current single-season record of 223 set by Arizona’s Mark Reynolds back in 2009.)
So let’s take that “deeper look” at some of The Babe’s other stats.
In the same year, the “Sultan of Swat” lead the American League in homers and strikeouts, he also ranked first for bases on balls (137), runs scored (158) and on-base percentage (.486).
Despite all of these amazing first-place stats, the Babe only ranked ninth in batting, and didn’t even make the Top 10 in base hits.
However, what many people don’t know about The Great Bambino is that, in contrast to his image as a free-swinging, high-living slugger, Babe Ruth was actually a patient, selective hitter, who took what pitchers gave him … and made the most of each individual opportunity.
He got on base more frequently than anyone else in the league.
And he scored more runs than anyone else in the league.
He hit a lot of homers … but he also accepted singles and walks – knowing that even those gave him the chance to “score.”
In short, during his playing days, Babe Ruth was a living, breathing practitioner of the wisdom … the values … and the mindset … that underpins the 10-Minute Millionaire trading system.
Just call him “The Potentate of Profits.”
In the decades since Ruth’s record-setting performance, investment sages and trading gurus have focused on this low-strikeout/high-homer ratio as a goal to aspire to.
And tucked within that goal is an investing lesson … a powerful lesson, in fact.