BC STOICISM
Saved by @SUDRED12

This story is from the life of Charlie Munger, from long before he was rich and famous, and before he had a large and happy family.

 The story dates to 1953 when Charlie, then 29 years old, got divorced from his (first) wife of eight years. Divorce had a huge social stigma attached at that time and it was the first blow for Charlie.
His wife also got almost everything in the separation, including the house. Charlie’s friends revealed that he moved into “dreadful” conditions after this divorce.
He, however, summoned all his courage, worked crazy all week to recover the money lost in the divorce. This was, however, just the beginning and life had to still test him out further.
A year later, Charlie’s 8-year-old son Teddy, was diagnosed with leukemia (blood cancer). He scoured the medical community but quickly discovered the disease was incurable.
He and his ex-wife sat in the leukemia ward with the other parents and grandparents in different stages of watching their children waste away. Also, given that there was no medical insurance in those days, Charlie paid for everything out-of-pocket.
As per his friends, each day he would take Teddy to the hospital for checkups while taking care of his other two children and practicing law. Those months were the toughest as he saw his son growing weaker nearing his death.
According to his friend Rick Guerin, Charlie would visit the hospital when his son “was in bed and slowly dying, hold him for a while, then go out walking the streets crying.” One year after the diagnosis, Teddy passed away at the tender age of 9, leaving Charlie heartbroken.
Charlie was 31 years old, divorced, broke, and burying his young son. It would have been tempting to just give it all up and turn to vices (alcohol, drugs) as so many people around him had done at that time. But Charlie was not that man and he kept going.
Years later, he reflected on the inner turmoil that he could’ve given in to and said –

"Generally speaking, envy, resentment, revenge, and self-pity are disastrous modes of thought. Self-pity gets pretty close to paranoia...
"Every time you find your drifting into self-pity, I don’t care what the cause, your child could be dying from cancer, self-pity is not going to improve the situation. It’s a ridiculous way to behave.
"Life will have terrible blows, horrible blows, unfair blows, it doesn’t matter. Some people recover and others don’t. There I think the attitude of Epictetus is the best. He thought that every mischance in life was an opportunity to behave well.
"Every mischance in life was an opportunity to learn something and that your duty was not to be immersed in self-pity, but to utilize the terrible blow in a constructive fashion. That is a very good idea."
The power of that speech is more memorable to me because Charlie never mentioned the fact that his own son died of cancer.

Anyways, life’s tests continued for Charlie, and at the age of 52, he developed cataract.
A failed surgery left him blind in one eye and caused complications like cancer. His blind eye pained so intensely that he couldn’t stand up. Desperate to end it, he got the doctor to remove his entire eye.
A huge-huge lesson I draw from Charlie's story is that life isn’t easy. And unlike, what we imagine in both scenarios of triumphs and disasters, life isn’t supposed to move in a straight line of happiness and smiles, or sadness and pain.
Life is evolving and changing. It is a constant surge of ups and downs, twists and turns, and as Rudyard Kipling said, “…triumphs and disasters.” Like you have your happy and blissful moments, you are supposed to feel pain, get hurt, and experience losses occasionally.
When we read the fairytale stories of the likes of Charlie and Warren, and those of the countless other people we think are happy and prosperous today, it is easy to assume they have risen to success on one upward, smooth trajectory.
But what we don’t see is the years of hard work, sweat and blood, sometimes tragedies, it has taken to get to where they are today.

Charlie has been able to get ahead as a result of his persistence, carrying on after he was divorced, broke, burying his son, and losing an eye.
I try to remember this when I think life has been unfair to me and I indulge in self-pity. Because what I have learned from Charlie's story is that I must know that all my struggles and all my failures will lead me to experience something greater and lead me to be someone better.

You May Also Like

Professor
Professor
@DillikiBiili
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
SCREENERS , ALL , MARKETESSENTIALS
\u0938\u093e \u0935\u093f\u0926\u094d\u092f\u093e \u092f\u093e \u0935\u093f\u092e\u0941\u0915\u094d\u0924\u092f\u0947
सा विद्या या विमुक्तये...
@raghav_aanya
कुंडली में 12 भाव होते हैं। कैसे ज्योतिष द्वारा रोग के आंकलन करते समय कुंडली के विभिन्न भावों से गणना करते हैं आज इस पर चर्चा करेंगे।
कुण्डली को कालपुरुष की संज्ञा देकर इसमें शरीर के अंगों को स्थापित कर उनसे रोग, रोगेश, रोग को बढ़ाने घटाने वाले ग्रह


रोग की स्थिति में उत्प्रेरक का कार्य करने वाले ग्रह, आयुर्वेदिक/ऐलोपैथी/होमियोपैथी में से कौन कारगर होगा इसका आँकलन, रक्त विकार, रक्त और आपरेशन की स्थिति, कौन सा आंतरिक या बाहरी अंग प्रभावित होगा इत्यादि गणना करने में कुंडली का प्रयोग किया जाता है।


मेडिकल ज्योतिष में आज के समय में Dr. K. S. Charak का नाम निर्विवाद रूप से प्रथम स्थान रखता है। उनकी लिखी कई पुस्तकें आज इस क्षेत्र में नए ज्योतिषों का मार्गदर्शन कर रही हैं।
प्रथम भाव -
इस भाव से हम व्यक्ति की रोगप्रतिरोधक क्षमता, सिर, मष्तिस्क का विचार करते हैं।


द्वितीय भाव-
दाहिना नेत्र, मुख, वाणी, नाक, गर्दन व गले के ऊपरी भाग का विचार होता है।
तृतीय भाव-
अस्थि, गला,कान, हाथ, कंधे व छाती के आंतरिक अंगों का शुरुआती भाग इत्यादि।

चतुर्थ भाव- छाती व इसके आंतरिक अंग, जातक की मानसिक स्थिति/प्रकृति, स्तन आदि की गणना की जाती है


पंचम भाव-
जातक की बुद्धि व उसकी तीव्रता,पीठ, पसलियां,पेट, हृदय की स्थिति आंकलन में प्रयोग होता है।

षष्ठ भाव-
रोग भाव कहा जाता है। कुंडली मे इसके तत्कालिक भाव स्वामी, कालपुरुष कुंडली के स्वामी, दृष्टि संबंध, रोगेश की स्थिति, रोगेश के नक्षत्र औऱ रोगेश व भाव की डिग्री इत्यादि।
ALL
Advertisement
Conservative Trader
Conservative Trader
@AnandableAnand
How to get rich trading (without getting lucky)

Complete beginner’s guide to wealth of Rs 10 Cr in 10 years

Step 1: start trading live

1/n

Nothing can substitute experience of live trading

No amount of back-test, studies or indicators can substitute training your mind with screen time

As a beginner, In live trading, you will make losses almost everyday

2/n

So here are the conditions which you can’t violate in first year
If you can’t follow these rules, this document is not for you

Start with trading capital of Rs 1 lakhs

Max loss per trade 0.25%, i.e. 250 Rs

Max loss for the day, 1%, i.e. Rs 1000

Max 6 trades in a day

3/n

I know, these conditions will cripple you in terms of what all you can trade and how

But just like any start up, trading is also about making it through initial gruelling constraints of life

You will also learn, how to turn these adverse rules to your advantage

4/n

Btw, you can sell directional banknifty options, obviously you can buy options, can do cash stock trading and much more under these conditions

Think about it, you will be do all kinds of instruments, just that PNL will not be roller coaster ride or exciting like a casino

5/n
TRADING , ALL
ThreadArchive33
ThreadArchive33
@ThreadArchive33
Made by NickHintonn 2 apr. 2018

Here’s a thread about The Black Tom explosion: a terrorist attack on American soil and major event in US history. However, no one has heard of it and I believe it’s proof that our timeline may be changing.


On July 30th, 1916, in Jersey City, German agents destroyed American ammunition supplies by setting them on fire. The incident is famous for causing damage to the Statue of Liberty.


The fires caused the ammunition supplies to explode, lodging fragments in buildings miles away including the Statue of Liberty and the clock tower of The Jersey Journal, stopping the clock at 2:12 am.


The explosion caused windows to shatter as far as 25 miles away, including thousands in lower Manhattan. Some window panes in Times Square were shattered. Even stained glass windows in St. Patrick's Church were destroyed.


The explosion was so strong is registered as a 5.5 earthquake on the Richter scale. It could be felt as far away as Philadelphia. The explosion cracked the outer wall of Jersey City's City Hall and the Brooklyn Bridge was shaken. People as far away as Maryland were woken up.
HISTORY
Lu_lu\U0001f498
Lu_lu💘
@luciame16
Some thoughts on episode 53 of #Hercai

Love,that is not real,has no passion. Its fire turns into embers, it doesn’t not smell. The day, the night, the moon&year burn without sun, light, comfort&sleep.
Ömer Hayyam

#Reyyan #Miran #ReyMir #EbruŞahin #AkınAkınözü
#HercaiThoughts


1
PRAISE
The praise in this episode goes foremost to Ebru because she portrayed Reyyan so realistically like a woman who truly lost her unborn child. I was in awe and pain watching her along the episode, all her breakdowns and tears were so real.
#Hercai

2
Of course also Akın took his part and did his part masterfully, but he rightfully was the one who stood aside in this specific episode that needed to be about Reyyan’s pain and thus concentrated on Ebru.
#Hercai

3
And last but not least, if I say thank you to something that B gave us this year, then it’s to have Ali as our director. Also in this episode we saw the artistic eye behind every shot and I loved it.
#Hercai

4
OVERALL COMMENT
I don’t know who wrote ep. 52 but ep. 53 was going strong once more on symbols: roses, stones, fire and trees were incorporated and especially the ReyMir dialogues were written very well. I truly loved every ReyMir scene.
So let's get into it.
#Hercai
CULTURE