Convincing Ourselves

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 ...

Businesses are increasingly becoming visual. Not just in how they communicate with customers, but all stakeholders for that matter. Training videos have been around for decades, graphics to present financials have become increasingly complex yet explanatory. Even yearly end financial of listed companies sometimes looks like colorful magazines. Business processes have been visualized since the beginning. Instead of just visualizing strategic tools, whole corporate strategies are now presented in visuals. As the world moves into a more media-rich environment, we display screens everywhere, we can only expect this trend to accelerate.  When one looks at the 'self', the usefulness and utility of visualization can actually be even more important. Visualization is a common tool in performance psychology such as when dealing with Athletes. It helps one condition and acclimatizes to a future event and it can also help motivate oneself to achieve a...