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Becker Private Equity & Business Podcast

A Few Quick Notes For Today 2-20-25

Thu, 20 Feb 2025

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In this episode, Scott Becker shares thoughts on a few market insights and his journey with “middle-aged” sports.

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Chapter 1: What market insights does Scott share?

0.089 - 22.384 Scott Becker

This is Scott Becker with the Becker Private Equity and Business Podcast. And we've already released a podcast today on Walmart in the markets, also one on RFK Jr. It's got this concept of banning pharmaceuticals with advertising of certain sorts, which strikes me as anti-free speech. We also had one about Walmart missing on – it made it on earnings. It was projecting software growth this year.

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Chapter 2: What challenges does Scott face with middle-aged sports?

22.424 - 43.232 Scott Becker

That's taking a shot at the market today down a little bit. But today's discussion is going to be a little bit of a different podcast. We often talk about how much I'm struggling the last year or so with my middle-aged sports, and I think mostly golf, tennis, and other things. And when I think of the middle-aged sports, I sort of give myself two reasons why I'm struggling.

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Chapter 3: How do mental clarity and surgeries affect performance?

43.892 - 61.701 Scott Becker

One is that, you know, my mental frame of mind, my clarity of just presence, calmness, has been not where I want it to be. Second, I had a few different surgeries this last year, which again describes my aging process, you know, a knee surgery, a couple eye surgeries and so forth. And a lot of that's just all excuses for my mental attitude being bad.

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Chapter 4: What does Scott mean by being a 'broken clock'?

62.142 - 89.729 Scott Becker

But, you know, even there's a great concept that even a blind squirrel finds a nut once in a while. A broken clock is right twice a day, regardless of how broken the clock is. Well, I guess over the last 24 hours, it's fair to say I've been that broken clock. I've been that blind squirrel because it's been revenge day on both the tennis court and the golf course.

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Chapter 5: What happened on Scott's 'revenge day' in sports?

90.429 - 108.549 Scott Becker

One of the friends who will remain nameless, but he knows who he is, has been annoyingly taking my money all year long. Another friend is also, has not played a bad round of golf when I've been on the course with him. But yesterday, late afternoon, was revenge day as we played 18 holes.

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Chapter 6: What basics does Scott return to in his sports?

109.189 - 130.019 Scott Becker

And me, being the little engine that could, went back to something we talk about often, which is going back to the basics constantly. putting the drive in play, slight fade on everything, not trying to go too much, and working on the putting in the short game. And by golly, for this mid-handing cap horrendous golfer, did that work like a charm yesterday?

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130.039 - 150.866 Scott Becker

And did I come home with extra money in my bank account? So that was a good day. Yesterday, you know, and I'm in Florida for a couple days where you get to play these middle-aged sports. But don't worry, for all those that want me to have a miserable time, I'm going back to Chicago today where the temperature is zero or less. So don't worry, we're coming back. The point being here, tennis also.

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150.946 - 170.578 Scott Becker

Yesterday morning, slept horribly, played the worst tennis match I've played in a long time, lost to two guys who will remain nameless. I don't know their names, but they were so bad. One of them must have been 97 or so, and I exaggerate slightly, but they were so bad, and me and my partner managed to lose them. I couldn't see. His shoulder was bad.

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170.618 - 191.904 Scott Becker

But even so, what really killed us was the mental game of tennis because with his bad shoulder, with my bad eyes, we still just were awful. Today, though, we had a different match against a different team, a squadron of Eagles. These are really true athletes. The average age is probably God only knows how old, but old, old. But we're able to get revenge today again.

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191.964 - 212.92 Scott Becker

Different guys, but won 6-1, 6-1. So I often lament how bad my middle age sports are. I've been having the worst couple of years, the worst year or so, between the injuries. And I think often it's more about my mindset, where my mind is at. It's a great quote I heard the other day about when you're tired, don't forget all the things you've learned over the years.

212.94 - 232.969 Scott Becker

You know, if you've learned to play a certain way of winning tennis, a certain way of winning golf, Just play those ways and don't constantly give in to impulse control and doing stupid things. Today was revenge. Today was the day where the broken clock was right twice in the last 24 hours. It's also a day where the blind squirrel found the acorn.

233.029 - 251.161 Scott Becker

So a good day in the middle-aged sports world of Scott Becker and the Becker Private Equity Business Podcast. If you listen to this all the way through, you can lament it all you want. You can laugh at my obsession with how bad I am at middle-aged sports. I don't care. But if you're the first person to text me, it's 773-766-5322.

251.562 - 269.444 Scott Becker

And you say in the text message, middle-aged sports, you got to send me your name and be willing to have us say that we awarded you a gift certificate on LinkedIn or something like that. But we'll send you a $100 gift certificate. Thank you for listening to the Becker Private Equity Business Podcast. It's revenge time. God bless. Thank you very much for listening.

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