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                                  • C HAP T E R •








             Black Belt Testing: Life-Changing

                       Moments in Investing



















                  “No matter how tall the mountain, it cannot block the sun.”

                                  — CHINESE PROVERB

           There is an ancient fable about a Zen master who was out for a walk with one of
           his students and pointed out a fox chasing a rabbit. The master said, “The
           rabbit will get away from the fox.” “Not so,” replied the student. The master
           insisted, “The fox is faster, but the rabbit will elude him.” When the student
           asked why, the master replied, “Because the fox is running for his dinner,
           while the rabbit is running for his life.”


                                    Barbara James
           Barbara had been following IBD and investing for several years when she
           suddenly lost her husband of 30 years to a heart attack. A year and a half
           later, she was laid off from a major corporation where she was an execu-




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