10 books that taught me more about life + death than I learned in 6 years of medical school:

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My takeaways from the best seller
#ThePsychologyOfMoney by @morganhousel

It beautifully encapsulates , via chapters , the most under rated factor in investing - The Psychological aspect of it .

Do read the book :)
#BookRecommendations
#booklovers

2/31
CHAPTER 1

What we experience early on (in our adult life) is more compelling than what we learn second hand, which is why each person thinks about #Risk & #Reward DIFFERENTLY.

In theory we SHOULD make our investments based on OUR goals & options available.

3/31

However we tend to include our unique experiences of how the world works (albeit with incomplete information) which might seem crazy to others .

* Spreadsheets cannot replicate human emotions which is why no amount of studying can make one truly UNDERSTAND the underlying.

4/31
CHAPTER 2

#LUCK & #RISK both play a role for EVERY outcome along with individual effort. At times making a greater impact than the consequential actions taken .
This we ought to remember when judging others' financial success.

Not ALL SUCCESS is due to hard work.

5/31
Likewise, NOT ALL POVERTY is due to laziness.

To learn from successful people, we must focus on BROAD PATTERNS & not on specific individuals ( for we often tend to just study extreme cases at both ends of the spectrum. )

It's never AS GOOD or AS BAD as it seems !!

17 Lessons From the Book
"Super Coach"

📚#DDBook Thread🧵

1. We think we are experiencing reality but what we are really experiencing is our thinking.

2. The most important choice you make is what you choose to make important.

3. If we really want something, there is always a way.

4. What we decide is less important then how we respond to life.

5. Our intuition already knows what we want to do but we create reasons to keep us locked out.

6. Every emotion we feel is a response to a thought, not an event.

7. Your day doesn’t create your mood, your mood creates your day.

8. When you feel a sense of urgency, it’s usually a better idea to slow down.

9. No Matter what seems to be going on, you don’t have to do anything. Being overwhelmed is just a thought.

10. Everything we do or don’t do is simply a choice. To do more, use a system of clarity, structure and boldness of action.

Lessons I Learned From the Book

"13 Things Mentally Strong People Don’t Do"
✍🏻 @AmyMorinLCSW

📚 Book Review (thread)

1.Mentally Strong People Don’t Worry About Pleasing Everyone

Pleasing everyone can negatively impact mental strength.

When you accept you won’t please everyone, you become stronger and build courage when you anticipate displeasing others.

2.They Don’t Feel the World Owes Them Anything

Mentally strong people can shift their focus away from their debt. Hence, they can help people in need. Mentally strong people keep themselves busy doing good deeds.

3.They Don’t Waste Time Feeling Sorry for Themselves

No one is immune to hard times. However, it is how you react to these situations that is important. They replace self-pity with gratitude.

4.They Don’t Resent Other People’s Success

Overcome your envy of other people’s success and learn how to use their success to your benefit.

When people enjoy and celebrate success, they attract other successful people, creating opportunities for collaboration success.