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12 Quotes From Dr.APJ Abdul Kalam.

  
  Education
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“All birds find shelter during a rain. But eagles avoid rain by flying above the clouds. Problems are common, but attitude makes the difference.”

“Only when you have the courage to lose sight of shore, can you discover the oceans.”

“Do not wait for something big to happen. Start with whatever you have now.”

“There is no greatness without simplicity, righteousness and truth.”

“It is very easy to defeat someone, but it is very hard to win someone.”

“A dream is not that which you see while sleeping, it is something that does not let you sleep.”

“Suffering is the essence of success.”

“Thinking is the capital, enterprise is the way, hard work is the solution.”

“Sometimes it’s better to fail a class and enjoy your friends, because when I look back now, marks never make me laugh, but memories do.”

“Once your mind stretches to a new level it never goes back to its original dimension.”

“A big shot is a little shot who keeps on shooting, so keep trying.”

“Ask yourself: what will I be remembered for?

The Flow Of Money Explained

  
  Education
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Money and investment capital are very picky things. They are constantly flowing from those who know how to manage it, to those who do not. Money is not static, it is in constant flux. This is why a person that starts out poor in America can end up wealthy, and also why generational wealth can dissolve in one generation due to bad management. The flow of money is why a lottery winner that wins a jackpot and does not know how to manage it can quickly find themselves in bankruptcy. No amount of money will overcome consistently bad decisions. In a free market, capitalistic system, money flows continually to those that create value and away from those who do not.

  • Money leaves those who risk it’s loss too many times, and ends up with those that protect it and make it grow.
  • Money flows from consumers of goods and services to the owners of the businesses that provide the right products.
  • Money flows to entrepreneurs when they create desirable goods and services. Money flows away from consumers that do not have self control.
  • Money flows to employees that develop skills that employers will pay a premium for. Little money flows to employees that lack skills, or the work ethic to attain them.
  • Money flows from customers to businesses.
  • Money flows to innovators and away from outdated, stagnant businesses.
  • Money flows to well managed businesses and away from mismanaged ones.
  • Money flows from bad traders to good traders.

Manifesto For 2015

  
Analysis, Education
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Manifesto For 2015
 
Government has no right to confer economic benefit.
The benevolence of individuals, not government, creates a just community.
Rich and poor share responsibility to build society.
The greatest philosophy of governance is the balance of executive, legislative and judicial authority.
Civility is a worthy goal.
Government is incompetent in most areas in which it is currently active.
Theocracy kills.
Our challenges are planetary.
Humans are lonely without animals.
Glorifying thugs is civil suicide.
Union members are not the only people who work. 
Be circumspect in speech, for sowing wind reaps the whirlwind.
Propaganda attacks reason.
Wealth is a great good.
Benevolence is a great good.
Achievement is a great good.
The family is a great good.
Friendship is a great good.

Determination & Honesty in Trading

  
  Education
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This is probably the single biggest factor which divides the winners from the losers, not just in trading, but in any other walk of life.  Yes, it pays to have money and time on your side, but you could have all the money and time in the world and still fail at trading if you do not have the drive to do well at it.  On the other hand, you could have a lack of resources, but have a greater chance of success because you have the drive to win.  That drive will help you preserver when the going gets tough.

A trader who can admit his mistakes to himself and also recognize his positive traits is one who is likely to succeed.  Honesty gives you clarity, and clarity allows you to make sound decisions which have a basis in reality.  If you do not know yourself and cannot be honest with yourself about your trading activities, you cannot see what is going on.  Imagine getting into a car blindfolded, turning the key, and driving out into rush hour traffic.  That is what trading is like if you are dishonest with yourself.  Another good metaphor would be driving drunk.  An inebriated driver has no idea whether or not he is even making mistakes, and does not hold himself accountable from his actions.  Stay sober and check your windows and mirrors when you trade.

Great Trading Wisdom from 2,400 years ago

  
  Education
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If you are a trader, you will relate

When an archer is shooting for nothing . . . he has all his skill.

If he shoots for a brass buckle . . . he is already nervous.
If he shoots for a prize of gold . . . he goes blind;
or sees two targets . . . he is out of his mind!
His skill has not changed.  But the prize . . . divides him.  He cares.
He thinks more of winning than of shooting . . . 
and the need to win drains him of power.
            – Chuang Tzu, 400 B.C..
 
If you do not relate, then you are not likely a trader.

11 Key Attributes Of Great Leaders

  
  Education
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  • 1. Honesty – Tell the truth; even if lying is easier – tell the truth. || “Honesty is the first chapter in the book of wisdom.” ~Thomas Jefferson
  • 2. Integrity – Do what’s right; even if nobody is watching – do what’s right. || “There are seven things that will destroy us: Wealth without work; Pleasure without conscience; Knowledge without character; Religion without sacrifice; Politics without principle; Science without humanity; Business without ethics.” ~Mahatma Gandhi and I will add an 8th “Leadership without integrity.”
  • 3. Visionary – Have some vision for where you’re going; empower your team to get you there and if you don’t do anything else – have some vision for where you are going. || “Honesty is the first chapter in the book of wisdom.” ~Thomas Jefferson
  • 4. Self Awareness – Know who you are; the good, the bad and the ugly, know who you are. ||  “He who knows others is wise. He who knows himself is enlightened.” ~Lao Tzu
  • 5. Risk Taker – Be willing to try new things, new strategies and embrace new ideas; even if the ideas aren’t yours – be willing to try new things, new strategies and embrace new ideas. || “Do not follow where the path may lead. Go instead where there is no path and leave a trail.” ~Harold R. McAlindon
  • 6. Caring – Truly care about those you lead; people can care less about how much you know until they know how much you care – truly care about those you lead. || Great leadership is always less about the “leader” and more about the “ship” ~Scott Williams

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