Archives of “Social philosophy” tag

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Greed is the Flip Side of Fear- Anirudh Sethi

  
Analysis, Education
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Most people, I accept, would concur that childishness isn’t the reason for a solid, supportable society. Who of us needs a family where everybody pays a special mind to themselves, a club where individuals are attempting to sabotage our status or even a business where we should consistently watch our back. Individuals need and need to confide in each other. We need others to acknowledge what we need to state, to giggle at our jokes, to be concerned when we let them know of a mishap or sickness. At the point when we appear at a gathering, we need everybody to be glad to see us. To live in any case in a disconnected, defensive state is a bitterness.

 

To take a model, our lawful framework is of the “ill-disposed” sort, where we employ attorneys to guard our inclinations. In the court, truth is ever challenged. The proof is chosen and deselected. As disputants, our solitary desire is to be decided in a positive light. We are there to win.

 

Is our political framework very different? Constituent legislative issues, as an ongoing President put it, is no “round of bean-sack.” Most of us have come to acknowledge the possibility that government officials are going to slight each other. Decisions are events for crazy cases, inert gloats, and contemptible ambushes. Mud is tossed. Some of it sticks. When chosen, our side must indict its own point of view. Helping out the foe, in any event, tuning in to them genuinely, is taboo.

 

Our instruction framework comparatively prizes independence. We all are there to get our own degrees and push ahead with our own lives. Evaluations are an individual issue; papers and tests should communicate that. Gathering study, mentoring, and so forth are acknowledged; so are joint introductions. Yet, on the most significant occasions, it is the person’s abilities and information both probably exclusive issues that are estimated. (more…)

SELF DISCIPLINE

  
Education, Life
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Developing Self-Discipline is something that you can start doing right NOW. It doesn’t take vigorous special forces training, nor does it require being related to the almighty samurai bloodline. Instead it requires will, devotion and regular action.

  1. Start by cultivating a desire. Do that by understanding the incredible benefits of such an achievement. The majority of human endeavors fail because humans themselves quit; they quit because their mind and emotion subdues their will and discipline. Such a trait shall make you unstoppable.
  2. Use what is coined by NLP (Neuro-Linguistic Programming) as an Incantation. Stand up and energetically state that you shall achieve this regardless of anything, it’s crucial to incorporate physical movements as well. This molds a stronger message in your mind due to the incorporation of emotion and physicality. Repeat this daily.
  3. Analyze yourself; know where your discipline falls short and is mostly likely to fail. Is it exercising, or facing fears, or maintaining dietary habits?  This will create the targets which you shall work upon. Fast results will come from major concentrated action and not from minimal diffused efforts.
  4. Start, initiate your pursuit by working directly on the weaknesses that keep you away from being self-disciplined. Start small and gradually proceed to making big chances. Day by day incorporate more change but avoid overloading yourself.
  5. Once you have tackled one weakness proceed to the other. The conquest for self-discipline is a never-ending one. Acquiring it requires a constant stream of action, otherwise it shall simply leak from your possession.

4 Words For Traders :Hear ,Receive ,Believe & Apply

  
  Education
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HEAR

To HEAR you have to listen and listen intentionally. You will not HEAR properly if you are focused on other things. This situation is especially true on a webinar or during the trading day when the markets are open. It is essential to set distractions aside and HEAR what is being stated.

RECEIVE

To RECEIVE something you have to HEAR it and come into agreement with it.  To RECEIVE is to take it unto yourself and personally grab hold of what you have heard and make it your own.

BELIEVE

To be successful you have to believe that what you HEAR and RECEIVE can add value to your current situation. You have to BELIEVE that a specific strategy repeated and correctly  executed, regards of any specific outcome, will provide successful results over time. You will act on what you believe In all areas of life.  Please make sure you really do BELIEVE it and are not allowing any contradictory mindset to compete with your belief because it is possible to hold two opposing beliefs at once. This is being double minded and leads to instability.  Being firm and unswayed in what you BELIEVE can lead to becoming a successful trader. (more…)

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.

5 Essential Qualities of the Speculator

  
  Education
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1. Self-Reliance. A man must think for himself,must follow his own convictions. George MacDonald says: “A man cannot have another man’s ideas any more than he can  another man’s soul or another man’s body.” Self-trust is the foundation of successful effort.

2. Judgment. That equipoise, that nice adjustment of the faculties one to the other,which is called good judgment, is an essential to the speculator.
 
3. Courage. That is, confidence to act on the decisions of the mind. In speculation there is value in Mirabeau’s dictum: “Be bold, still be bold; always be bold.”
 
4. Prudence. The power of measuring the danger, together with a certain alertness and watchfulness, is very important. There should be a balance of these two, Prudence and Courage;Prudence in contemplation, Courage in execution.
Lord Bacon says: “In meditation all dangers should be seen; in execution one, unless very formidable.”
Connected with these qualities,properly an outgrowth of them, is a third, viz:promptness. The mind convinced, the act should follow. In the words of Macbeth; “Henceforth the very firstlings of my heart shall be the firstlings of my hand.” Think, act, promptly.
 
5. Pliability. The ability to change an opinion,the power of revision. “He who observes,”says Emerson, “and observes again, is always formidable.”
The qualifications named are necessary to the makeup of a speculator, but they must be in well-balanced combination. A deficiency or an overplus of one quality will destroy the effectiveness of all. The possession of such faculties, in a proper adjustment is, of course, uncommon. In speculation, as in life, few succeed,many fail.

Calamitous Consequences

  
  Education
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Karl Marx died in March 1883, yet there has been a rebirth of the ideas he detailed on the inherent flaws of capitalism. Recently, Paul Tudor Jones gave a ‘Ted Talk’ about capitalism needing re-definition. My paper entitled ‘2014 and Beyond’ began with the sentence, “Modern day capitalism appears to need a different moniker”.  It is quite possible that future developments in capitalism will have profound and on-going influence on markets and valuations.

Let me first go on record and say that in the 135 years since Marx’ death, capitalism has been the single greatest engine for human advancement.  It has certainly been an outstanding way to organize the production and distribution of goods and services. Its free-market structure encouraged innovation, leading to new methods and products whose technological advancements allowed for globalization and the general shrinking of the world.  Entrepreneurship aided improvements to health and education, and was the cornerstone to economic progress. No other social construct in history has done more to advance the human condition, or lift more people out of poverty, than capitalism. 

A capitalist structure’s main quest is to ensure the real appreciation of capital.  Corporate leaders are incentivized to maximize shareholder value at almost any cost: the best means is to increase output per hour worked (productivity).   Can this be sustained forever? (more…)

8 Words For Traders

  
  Education
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1. CONFIDENCE: absolutely essential in an environment that feeds on emotional    instability.
2. TRUST: if you cannot trust yourself who can you trust? Trust your rules, trust your edge, trust that you will do the right thing-no matter what!
3. FOCUS: you will never learn all there is to learn about the market.  Push your ego aside and focus on one market and one edge.
4.  ACCEPTANCE:  you have to accept what the market is willing to give or you will give the market what it wants to take.
5.  RESPONSIBILITY: you and you alone are responsible for the money you lose and the money you make.  Take the credit for both.  Either way you deserve it.
6.  PATIENCE:  The market is not the place to learn patience, it is the place to practice it.
7.  RULES:  the market has no rules and no one else will do it for you. Develop rules for entering AND exiting trades before trades are made.
8.  RESPECT:  you have to respect the market for what it is not for what you want it to be.  The market has a logic all its own.  You may not like it but you have to accept it.

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