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 ...

Let us get fit!!! Everyone wants to get fit nowadays. If they are thin, they want to bulk up. If they are fat, they want to slim down. Whatever the issue, no one is really happy with their body. Now I can take the very common 'New Age' concept and say that we should be happy with our body, however sometimes changing our bodies become necessary.I myself was obese and suffered greatly. Many in families had to get heart surgery, because of their lifestyle choices, which included bad eating habits and obesity. However, even when we know that something is bad for us and can actually kill us, we might not change our habits. This is true. Even when smokers known that smoking causes cancer, they know that is long way of and they go for the immediate pleasure and discount the risk. What to do? What to do when you feel you really cannot do anything? your will, your idea of time/delay of pain and pleasure, simply do not let you get through that barrier. The Solution I believe...

Why do we enjoy some things and no others? well, there are two reasons. We like to do things that are easy, but not too easy. This depends not only at the task at hand but also to our own ability to do the task. This is why, if we are good at a board game, but its challenging, we get hooked. It is also the same reason why we like to play sports with someone who can challenge us, but is not so much better  than us that we get frustrated. If we are able to convince ourselves that the task at hand is easy, in a challenging sort of way, it will become engaging and to some extent fun as well. We can convince ourselves for this kind of thinking for any task. It can be cleaning the dishes, or even talking a walk. Its fun, because its invigoratingly easy! To repeat, it is not about thinking or hoping that something that is hard becomes automatically easy (if that works for you, good enough) but acknowledging that it is tough, yet fun and challenging. When we say it is ea...

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...