Most wealth-generating activities can be classified into three “portfolios": A, B, and C. In
baseball speak, the “A” Portfolio is focused on hitting "home runs”—they will be few and far
between, but when they come, they can change the game and an invidual’s fate. The “B” Portfolio is
about "hitting singles and doubles"—nothing too cute or exciting, but a necessary strategy for
sustainable wins. The “C” Portfolio is analogous to playing baseball in the backyard for fun—no
expectations of winning a championship, but a hobby that lets you enjoy the game.