Caring deeply makes you vulnerable. Why? Because there's a good chance things don't go exactly your way. But caring deeply is also the key to a rich life.
THREAD: Here are 10 insights I've learned over the last 5 years coaching executives, entrepreneurs, and athletes.
On sustainable success, peak performance, and career advice:
👇👇
Caring deeply makes you vulnerable. Why? Because there's a good chance things don't go exactly your way. But caring deeply is also the key to a rich life.
When you care deeply about something it draws you in. That's the point. You don't need to force some kind of proportionate allocation of your life.
Aim for the self-awareness to PRIORITIZE and CHOOSE how you spend your time and energy.
Expecting to find something where everything clicks from the get go and is all good from there on out is a surefire way to never be happy.
Pursue your interests. Stay curious. Hone a craft. Passion emerges over years, not seconds.
If you develop a mindset, "If I just do this, or just accomplish that, THEN I'll arrive," you're in for trouble. There is no arriving. The human brain didn't evolve for it. Enjoy the process. Be where you are.
Define your values. Craft a life around them. THAT is success.
-Too much of the former not enough of the latter you get injury, illness, burnout.
-Too much of the latter not enough of the former you get complacency, stagnation.
This equation is universal. It holds true for individual and organizational growth.
Books are the best bargain there is. There is no better place to get a deep distillation of insights and wisdom.
I've helped 4-time Olympians move on from sport simply by recommending books. I've helped founders navigate rough waters the same way.
The people with whom you surround yourself shape you. We are all mirrors reflecting onto one another. Ancient wisdom traditions point toward this. Latest research points toward this.
We think too much about individuals, not enough about communities.
If you are a hard-charging, Type-A "pusher," that's great! But you better work on being kind to yourself too.
It is hard to be a human. It is hard to care deeply. You've got to learn to love yourself and create space for your pain.
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So friends here is the thread on the recommended pathway for new entrants in the stock market.
Here I will share what I believe are essentials for anybody who is interested in stock markets and the resources to learn them, its from my experience and by no means exhaustive..
First the very basic : The Dow theory, Everybody must have basic understanding of it and must learn to observe High Highs, Higher Lows, Lower Highs and Lowers lows on charts and their
Even those who are more inclined towards fundamental side can also benefit from Dow theory, as it can hint start & end of Bull/Bear runs thereby indication entry and exits.
Next basic is Wyckoff's Theory. It tells how accumulation and distribution happens with regularity and how the market actually
Dow theory is old but
Here I will share what I believe are essentials for anybody who is interested in stock markets and the resources to learn them, its from my experience and by no means exhaustive..
First the very basic : The Dow theory, Everybody must have basic understanding of it and must learn to observe High Highs, Higher Lows, Lower Highs and Lowers lows on charts and their
Even those who are more inclined towards fundamental side can also benefit from Dow theory, as it can hint start & end of Bull/Bear runs thereby indication entry and exits.
![](https://pbs.twimg.com/media/FBvF5FpaIAE1BmC.jpg)
Next basic is Wyckoff's Theory. It tells how accumulation and distribution happens with regularity and how the market actually
Dow theory is old but
Old is Gold....
— Professor (@DillikiBiili) January 23, 2020
this Bharti Airtel chart is a true copy of the Wyckoff Pattern propounded in 1931....... pic.twitter.com/tQ1PNebq7d
I’m torn on how to approach the idea of luck. I’m the first to admit that I am one of the luckiest people on the planet. To be born into a prosperous American family in 1960 with smart parents is to start life on third base. The odds against my very existence are astronomical.
I’ve always felt that the luckiest people I know had a talent for recognizing circumstances, not of their own making, that were conducive to a favorable outcome and their ability to quickly take advantage of them.
In other words, dumb luck was just that, it required no awareness on the person’s part, whereas “smart” luck involved awareness followed by action before the circumstances changed.
So, was I “lucky” to be born when I was—nothing I had any control over—and that I came of age just as huge databases and computers were advancing to the point where I could use those tools to write “What Works on Wall Street?” Absolutely.
Was I lucky to start my stock market investments near the peak of interest rates which allowed me to spend the majority of my adult life in a falling rate environment? Yup.
Ironies of Luck https://t.co/5BPWGbAxFi
— Morgan Housel (@morganhousel) March 14, 2018
"Luck is the flip side of risk. They are mirrored cousins, driven by the same thing: You are one person in a 7 billion player game, and the accidental impact of other people\u2019s actions can be more consequential than your own."
I’ve always felt that the luckiest people I know had a talent for recognizing circumstances, not of their own making, that were conducive to a favorable outcome and their ability to quickly take advantage of them.
In other words, dumb luck was just that, it required no awareness on the person’s part, whereas “smart” luck involved awareness followed by action before the circumstances changed.
So, was I “lucky” to be born when I was—nothing I had any control over—and that I came of age just as huge databases and computers were advancing to the point where I could use those tools to write “What Works on Wall Street?” Absolutely.
Was I lucky to start my stock market investments near the peak of interest rates which allowed me to spend the majority of my adult life in a falling rate environment? Yup.