Convincing Ourselves

  Investing is not an overly complicated process if you have the basics right. Everyone wants to be like a techie, sitting in front of the computer, clicking or typing away, and making money. But the reality, as many have already said, is quite boring. It requires research, grit, and also knowing one’s own preferred style of investing which can be based on the ability to take the risk, family background, available resources, aims, and so on. I myself have always been interested in seeing opportunities arise through reading macroeconomics and wider trends in the economy. Without a doubt, I read a lot and my intuition (the ability to see patterns) plays a role as well. This doesn’t mean I am Nostradamus, or that I can actually make money in the markets. However, I can write about what I feel are good opportunities. In 2012, it was quite obvious to me that the US is a great market for real estate investment. At the same time I predicted that by the end of the decade, Pakistan’s water ...

  We know high performers, in the field of management, sports, art, academia and other crafts, have to go through a considerable level of daily stressors. In fact, it is often thought that stress and anxiety are inevitable when achieving high-quality results in a competitive environment, especially one where the margin of error is small or there are time constraints.   This is a common stream of thinking, in high-performance fields as well as everyday perception. We have all seen Gordon Ramsay screaming at his staff when things go wrong at a Michelin starred restaurant. We have seen Serena Williams erupt into a bullying frenzy when she lost. We all know of stern bosses who have no problem in confronting and resolving problems, even if requires a considerable amount of screaming.   But the question is, is that how one is supposed to feel in a high-performance situation? Is there a correct ‘feeling to feel’ in a high-performance situation?   Well, as is usually the cas...

While going through a wonderful book written by H.E Stanton about the psychology of trading, I came across a simple concept. Dr H.E Stanton himself has had considerable experience as a performance coach and is a clinical psychologist himself. In short, he knows how to apply theory to practice, something that I am very interested in. In one of the chapters, Dr Stanton goes on to discuss the psychology of change, and rather than going full-on theoretical, he discusses a very simple to understand, practical, and from the viewpoint of an academic, unconventional idea. He discusses the model of change as described by Tony Robbins. His choice to use Tony Robbin's ideas, someone who has no academic background of psychology is intriguing. It speaks to Dr. Stanton's pragmatism if anything. The model is simple a) decide what you want b) identify what is stopping you c) associate pain to not changing and pleasure to enable change, d) interrupt the existing pattern e) create a ...

Resilience is a concept almost synonymous with positive psychology and I feel it is important to discuss resilience, given the Covid-19 environment we are in right now. Resilience is of course the ability to bounce back from adversity. Putting yourself together and rising up, after one has fallen down. Resilience is considered an essential quality for soldiers on the battlefield, sports teams, individuals as well as businesses. The reason for this is simple, adversity is inevitable. It is inevitable that a business, organization, individual entrepreneur, or even a non-profit, will through a period of adversity. This adversity can take many forms. It could be due to legislation that changes the industry completely, it could be due to intense competition, a natural disaster perhaps or a macroeconomic situation. It can also be internal, eg a PR error by the CEO, an accounting scandal, and on. Whatever industry one is in, no matter how big or small the business, adversity and h...

Ray Dalio is the founder of Bridgewater Associates, the largest hedge fund in the world. His work in the investment arena has changed the landscape of the industry. He is so confident in his firm's ability to generate returns that he now gives life lessons and principles on how to manage a fund, investments, and life. He is so confident that no one can replicate his success that he has made the basic principles of his flagship fund public. Ray Dalio is now a sort of grandfatherly figure, considering he has been in the investment industry for over 30 years now. His advice, his comments, about macroeconomics (his forte), and various asset classes in a particular, matter. Basically, when he speaks, the press listens. Therefore it was quite peculiar when a few years ago he revealed that he has been practicing Transcendental Meditation for decades! When, Why, How? Apparently, Ray Dalio picked up this habit when Transcendental Meditation became quite the rage in the US a ...

I recently came across the idea of Energizing Meditation (EM) in the "National Council for hypnotherapy Journal SUMMER EDITION". The protocol has been proposed by Howard Baron, a retired management consultant, whom I believe still dabbles in workshops and corporate training. While traditional meditation is about staying mindful and relaxing, Energizing Meditation (EM) aims to converse and boost one's energy. Basically, you are to feel 'energized' after an EM session. Howard has an interest in managing oneself under highly stressful situations, and I can see how he came up with the protocol in order to ensure managers and leadership can function in the best manner when confronted with difficulty (we are talking oil spills and disasters here!). Given Howard's background is in management consultancy, I feel Energizing Meditation (EM) is worth looking into. The protocol has been deliberately keeping very open and flexible because he rightfully believes...

::SPOILERS::: I just finished watching the first and only season of the German/Austrian Netflix Orignal 'Freud'. A reimaging of the early life of Sigmund Freud, before he became famous for his work in psychoanalysis. The show starts off as an autobiography. It shows a young Freud who has just encountered hypnosis and is trying to convince his peer of its powers. The show gives the impression that Freud was a big believer in hypnosis early on and among his peers was the only one who believed that neurosis was due to 'thoughts and beliefs' rather than physiology. This is not entirely accurate, but the show does a good job of portraying him as a genius waiting to be discovered. The show quickly turns into a crime thriller with Freud coming into contact with a group of Hungarian rebels. These Hungarian rebels at first glance seem like trickers playing around with the feelings of people and letting them talk to their dead loved ones through Fleur, the medium. Howeve...

It is well understood in psychology that our beliefs, especially those formed in childhood can have a great impact on our behaviour and choices later on in life. Even though Cognitive Behavioral Therapist may not deal with issues from the past, and in certain cases you may not need to, it is well acknowledged that it does occur in traditional psychotherapy as well as literature. With my experience with individuals, I have also come across individuals who are struggling with certain behaviors and choices presently, that stem from beliefs and experiences in early life. Below I will give a fictional account of what that may look like in order to help readers understand how such beliefs can be formed, and how they may be invisible to the individual themselves. Fictional Account: Laura, 35, is a middle manager at a local chain of retail stores. She comes from an upper-middle-class background, and both her parents were immigrants and doctors. Laura had two more siblings. A...

The skepticism to the phenomenon of hypnosis is quite prevalent and for good reason. Hypnosis has the same reputation that perhaps politicians do. Ridiculed by the public imagination and my media in general, you can't deny there are those who have good intentions, but then again there are those who tend to over-promise. There is, of course, significant literature on the uses of hypnosis in therapy and it is, in fact, a common tool. In fact, it is essentially a recognize mind-body therapy and has the same recognition in medical circles that meditation or yoga has. To put it in the bluntest terms, it is considered viable integrative medicine. Apart from my own personal experience, one can go through academic journals and case reports of hypnotherapy patients. Apart from the usual reduction in anxiety or depression, there are numerous cases of people who have been able to quit smoking, give up drinking, resolve irritable bowel syndrome, skin problems and in one case even s...