Convincing Ourselves

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 ...

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...

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...

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 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...

The Article reviews the paper "Mindfulness meditation as an intervention for binge eating, emotional eating, and weight loss: A systematic review" published in the Journal "Eating Behaviours" in 2014 by Katterman et al. The paper itself takes a meta-study approach and examines 14 different studies where Mindfulness Meditation has been used as the primary method to influence emotional eating, binge eating as well as weight. One of the reasons why the authors may have looked at mindfulness meditation as the primary, rather than the only intervention, is probably because in real-life clinical settings, it is difficult to find practitioners using only one method alone. At the very least interventions are accompanied by some form of counseling or psychoeducation. It must be kept in mind that traditionally, it would be common to find practitioners using such mind-body approaches adjunct to another mainstream approach such as CBT. The authors looked at emotional...

It seems that popular topics find their way into academic circles more often these days. I came across a great example of Harvard Business Review by Reiken et al called “ How Mindfulness Can Help Engineers Solve Problems”. The article has been re-posted several times across a variety of academic sites and it is surely worth a review. To begin with, mindfulness is essentially about living in the moment and paying attention to simply what is. The authors compare linear, or convergent thinking with divergent thinking, where several options are explored on top of the starting point, to generate a number of ideas and hence favours creativity and innovation. The article makes the claim that most engineers are trained to be liner, convergent thinkers and even though it's important, for the best solutions one requires both convergent and divergent thinking. The authors performed two studies to look at the impact of mindfulness meditation, which is an exercise known to...

Is there such a thing as too little food? Well, there is surely is. Eating too little, going on a crash diet or leaving out a food group for no obvious reason are all examples of a haphazard, rash approach to managing health and weight. The main reason why we tend to go for these crash diets are  1. Impatience. 2. We want to look good rather than be healthy. The above two points usually manifests themselves in a ‘deadline’ usually around a wedding, a holiday or some other social event. As important as it might be for our egos to look for other people, the reality is that that we only look as good as we feel, and nothing good comes quick. One of the most extreme ways in which such black and white thinking becomes reality is anorexia and bulimia. Anorexia is, of course, something I myself have struggled with. I have had loved ones who have struggled with Bulimia. Anorexia is essentially a killer, as it has the highest mortality rate of any mental heal...