Top 10 Psychology Books That Everyone Must Read :

1. The Power Of Habit

10 Lessons from What It Takes To Be Free

(thread)

1)Someone's sitting in the shade today because someone
planted a tree a long time ago.

2) True freedom means you're not concerned with other people's opinions, views, and actions. You also don't have the need to explain why your ideas and actions are the best.

3)Remember, being free means to live as you are. You don't
have to lie about who you are, what you like, and what you
do. Just be yourself.

4)Most people do not really want freedom, because freedom
involves responsibility, and most people are frightened of
responsibility.

Peter Lynch averaged 29.2% annual return between 1977 to 1990.

His books One Up Wall Street and Beating the Street offered great insights into his success.

Here are my top 10 lessons from the legend:

1. This quote was so good Warren Buffett cited it in his shareholder letter.

“Selling your winners and holding your losers is like cutting the flowers and watering the weeds.”

2. Volatility is the price of admission.

“People who succeed in the stock market also accept periodic losses, setbacks, and unexpected occurrences. Calamitous drops do not scare them out of the game.”

3. On how many stocks you should own.

"Owning stocks is like having children. Don't get involved with more than you can handle."

4. On making mistakes.

"There's no shame in losing money on a stock. Everybody does it. What is shameful is to hold on to a stock, or worse, to buy more of it when the fundamentals are deteriorating."

1/21
#BookRecommendation
" Zen and the Art of Happiness "

It's a simple book but it makes you think .

Few of my takeaways ( with random 2 min doodles).
👇
Firstly,
What is Zen ?

#Zen is a Japanese word that is derived from the Sanskrit word Dhyana meaning "Meditation" .

2/21
Zen is a journey of exploration & a way of living that , in and of itself doesn't belong to any one religion or tradition as such.

Zen doesn't teach. It merely
points, enabling us to wake up & become aware.

Ever noticed how zen stories rarely have predefined morals? 🤓

3/21

The zen of doing anything is doing it with a concentration of mind , a calmness & simplicity of mind, that brings the experience of enlightenment and, through that experience , happiness.

It could be something as mundane as sweeping or peeling potatoes !

#mindfulness

4/21

We are the authors of every NEXT moment.

Therefore the best way for us to get that new experience is to CHANGE our response to what happens.

By natural cause & effect , that NEW RESPONSE will create NEW RESULTS , thereby a NEW REALITY.

Try it to believe it !
#Wisdom

5/21

Unknown to most of us , we all have a life philosophy . A perspective of looking at things , at events & circumstances that befall us.

Our personal #Philosophy determines how we respond to events that occur in our life .
This ultimately is responsible for our happiness.

10 Key Lessons From the Book “Black Swan” By: Nassim Taleb

⚡️Book Review⚡️

1. Don’t chase black swans, instead, let them permeate your life.

👉You can do this by experimenting, cultivating serendipity,

🚫not taking bell curves too seriously, and investing in lots of small outlier but high-risk opportunities.

2. Black swan events Key attributes:

- Extremely impactful
- Are outlier events
- Are retrospectively predictable, not prospectively predictable

🚫Try to avoid situations that can fool you in a huge way, and avoid depending on huge, and potentially harmful predictions.

3. Randomness mainly comes from lack of knowledge

Surviving until tomorrow could mean that you’re either more likely to be immortal, or closer to death.

👉Both of these conclusions are based on the same exact data.

4. Unknowns are more important than the knowns

👉We can master things in one field and fail to transfer the same to another.

Everyone has their own limitations when it comes to learning from experience or observation.