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 ...

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 ...

One of the most prominent problems in society today is that we feel we need more. If you are a businessman, you need to grow the business. If you are an athlete, you need to win the biggest prize, if you are a student, you have to be the best. This is a result of the hyper-competitive, individualistic, achievement oriented civilization that we have become. There is nothing wrong with that in itself.  The system has given us great athletes, scientific breakthroughs, wonderful companies that have gone on to make our lives better, medication that has saved lives and world leaders that aspire to work for the greater good. However it has also created a society that is forever looking for the next big thing. The next technique, the next product, the next investment, the next goal, the next prize. For sure this is what human beings and the growth mindset is, but does it really make us happy? To be happy, we need to convince ourselves that we are great, lovable and worth indiv...

Everything we do starts with a question. How will we get that job? how can we start to get fit? how do I grow my company? There are so many questions we have to deal with regularly and often it seems that we have no answers. This sense of 'not knowing' is a big source of demotivation to get something started in the first place. We get so overwhelmed by the problem, the unknown and the task ahead that we either try to find a short cut, that never works, or we delay our plans further ahead. Days, weeks, months and even years go by before we even take  a step in the right direction. However the reality is that we do know the answers to many questions, problems and issues we face. They might not be perfect solutions, as one cannot always get a perfect answer to everything, but certainly these answers can help us set foot in the right direction. Let us look at common issues one by one. How do I lose weight? the answer to this question is not rocket science and not beyond the...

Everyone truly knows the path to money, health and wealth. There is no secret to it. People have known how to achieve these things since the dawn of time, yet the reason why so many people are searching for the answer is that they are searching for the 'easy answer'. Everyone is truly out there looking for the shortcut to success, fame, wealth, fitness, weight goals, achievements etc. There truly are people who  get lucky and there truly are ways that can get you to your goals quicker, however the underlying principle is hard work, patience and a general positive attitude. We have convinced ourselves that there is a short cut and it is somewhere out there. We look for that short cut all our lives, waste years and years looking for it until others, who go through the pain, the hard work and at the same time, have fun, seem to get all the rewards, slowly but surely, beating us to the goal post, over and over again. Let us look into different areas of life separately and see...