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Showing posts from March, 2020

Is Pride necessary? (for success)

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The idea of having healthy levels of self-esteem, self-worth, and confidence is well recognized in psychology literature. In fact, since at least the 70s there has been a lot of work done on this and for a few decades raising self-esteem and self-worth was considered pivotal in treating clients with psychological disorders, bringing up healthy children, and even success in general. The idea of 'ego strengthening', as it came to be known in hypnosis literature, was ubiquitous in almost all kinds of therapy and change. However, while going through some videos of Jordan Peterson discussing the idea of social hierarchies and going through some literature on related ideas, I begun to wonder if ego strengthening alone is enough, or perhaps have we defined it well enough. Success in a society means being on top of the social hierarchy. You are the CEO, the Politician, or were born in or married into money and power. Whatever shame or form it takes, success is being on to

Walking through a crisis: The Coronavirus

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The world is currently wrapped up in a pandemic, and an associated economic crisis. With this comes a whole lot of other problems, from logistics, to governance, and of course healthcare. Times are uncertain a lot of people may feel anxious or downright threatened. Its as if everyone is having to tread blind, while surrounded by danger, and no clue when it ends. Moreover, people are not just worried about themselves, but also about their loved ones. This is and of itself is a mental help challenge as well. The whole world is going through an emotional and cognitive crisis and this may have repercussions on our own health and well being as well. If not managed well, just like the health or economic crises, the effects could be lasting. Focus on what you can control: In a situation, where most of the variables are out of your control, one must focus on what can be controlled. This is necessary to bring a sense of control and therefore certainty back to the person. Even in war

Is hypnosis real?

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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

The Markets, Coronavirus and what we can do

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The markets last night took a dive globally. Everywhere from New York to Karachi, we saw sudden selling and almost panic in the past 24 hours. All of this on the back of coronavirus. Coronavirus? Coronavirus or nCOVID-19, is a new coronavirus that has been identified. It spreads as easily as the common flu and is about 10x more fatal. That may sound like a lot, however, considered the low mortality rate of flu, cCOVID-19 is only slightly more dangerous than pneumonia and far less dangerous than the recent Ebola or SARS, although it spreads more easily. Impact? The main reason why nCOVID-19 has become such a big deal is that in the beginning of the outbreak, no one was really sure how high the mortality rate would be. China was vigilant and the media reports were haunting, to say the least. Wuhan remains the city with the highest mortality rate and it set the stage for how coronavirus would be portrayed throughout the world. According to worldmeters.info there have been 11

Algos and the Madness of crowds

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This post is based on a thought I had after listening to Bilal Hafeez on his last appearance on Bloomberg, talking about the impact of the coronavirus on the markets. I am not an expert in finance by any means and Bilal is essentially a veteran of the industry. He discussed what many others before him have spoken about as well. Algorithmic trading is now a massive part of global financial markets and trading. The thinking goes that because machines are doing a lot of trading, it is possible that they will make irrational mistakes and make the market crash eg during the recent Coronavirus incident. Modern Algos: Algorithmic trading is essentially now mainstream. The biggest and most successful of fund of them all is the legendary Madallion fund run by Renaissance Technologies. The fund uses leverage but is capped and not open to outside investors. It is arguably the most successful fund of its size. However, RenTech and its many funds are not the only players. Citadel is als