Sitting all day uses your mental energy, but let’s be honest – you are not moving much. Your exhaustion is mental, even though it feels the same way as physical. The movement generated energy that helped us keep focus, improved learning, and enhanced the attention.
Tag: Tony Robbins
This book is an excerpt and a summary of „Money: Master the game” also by Tony Robbins.
I highly recommend any Tony Robbins book and this one is no exception.
This one may be better for you than „Money”, since that is a tough one to read – but very valuable.
Seemingly a book about finances – sneaks in some Tony Robbins knowledge about centering your state.
Some takeaways:
- Invest in ETFs
- Diversify in everything humanly possible
- Across markets
- Across time
- Classes
- Companies
- Dont loose money / protect the downside – similar what Branson is obsessed about
- Search for asymmetric risk / reward. -Paul Tudor Jones calls it 5:1 rule – for every dollar he risks, he expects 5
- Know your taxes
- Frequent trading kills you with trading fees and taxes. That extends to funds as well – when funds trade frequently, they can generate lotsa fees
- That also extends to reballancing portfolio – better to slower bring it to target distribution
My Kindle Highlights
- investors in 403(b) and 401(k) retirement plans.
- Freedom Fact 1: On Average, Corrections Have Occurred About Once a Year Since 1900
- Meanwhile, a study by JPMorgan found that 6 of the 10 best days in the market over the last 20 years occurred within two weeks of the 10 worst days.
- performed well and sell the ones that have
- “The four most expensive words in investing are ‘This time it’s different.’
- you pay a high price for certainty.
- Real Estate Investment Trusts.
- publicly traded real estate investment trusts (REITs).
- Master Limited Partnerships.
- Asset Allocation Drives Returns.
- 3. Always Have a Cushion.
- The single biggest threat to your financial well-being is your own brain.
- Mistaking Recent Events for Ongoing Trends Why Most Investors Buy the Wrong Thing at Exactly the Wrong Moment
- as Warren Buffett says, “The stock market is a device for transferring money from the impatient to the patient.”
- all this suffering is really just the result of an undirected mind that’s hell-bent on looking for problems!
- Suffering trigger is “Less.”
- 1. Suffering trigger is “Loss.”
- 2. Suffering trigger is “Less.”
- 3. Suffering trigger is “Never.”
- Notice, too, that most, if not all, of our suffering is caused by focusing or obsessing about ourselves and what we might lose, have less of, or never have.
- So what’s the biggest decision you can make in your life right now?
- Are you committed to being happy, no matter what happens to you?
- “I’m done with suffering. I’m going to live every day to the fullest and find juice in every moment, including the ones I don’t like, BECAUSE LIFE IS JUST TOO SHORT TO SUFFER.”
- Whenever I start to suffer, I give myself 90 seconds to stop it so that I can return to living in a beautiful state.
- But here’s what I do now. As soon as I feel the tension rising in my body, I catch myself. And the way that I catch myself is really simple: I gently breathe and slow things down.
- “What’s wrong is always available . . . but so is what’s right!”
- I’ve recorded this meditation and made it available online at http://www.unshakeable.com and on the Unshakeable mobile app, so you can listen to the audio with your eyes closed.
- What struck me most was that everything seemed beautiful to her.
- you can start giving even when you have very little.
