What advice do you take and what advice do you throw to the curb:
Hi Michael, I listen to your podcasts daily, great stuff! I was reading this article by Tony Robbins about taking control over your money, and where to start. He lists “tips from 12 of the most colorful and brilliant minds in finance”. Paul Tudor Jones II, Ray Dalio and Warren Buffet are among some of the people listed and quoted in the article. There is definitely some good advice in there, but also some worthless advice and nonsense statements in my mind. This is where ones ability to filter out the gold is important. Thought you might find it interesting, that’s all.
Have a good weekend
Thanks. Diverse group of successful men, but so diverse they will have contradictory advice on some issues.
If our roles were reversed? I believe that giving your money is giving me your trust. You are making a sacrifice, and could choose other opportunities. My goal is always to make sure that what I am giving you is more valuable than what you are giving me and my firm. That straightforward business principle is the foundation of my long-term relationship with all of my customers.
Hi, I hope you are well today and managing to keep away from the election hooha.
I have started to listen to your podcasts during my commute to and from work everyday (utilizing my dead time so to speak), anyway this morning I finished episodes 17 & 18, where you speak about your yoga lessons and the zen habits website.
I thought they were most intriguing and I wanted to ask you if you have ever tried meditation? I started about 6 months ago with a small group once a week, mainly to help me deal with the daily stress from my current job, but I have found that meditation has really helped me over various parts of my life, and also helps you to get into the now, which is obviously a theme for you and also many trend follows, most notably Ed Seykota. If you get the chance I would very much encourage you to try it.
As a side note, I had a meditation class last night, and we were speaking about fear and how it stops you from achieving all that we as individuals could possibly achieve, and how being in the now and trusting that situations will work out, and not forcing things is a much better way. How coincidental then that this morning I heard your 2 podcasts that were talking about the exact same things.
Releasing fear and embracing trust I feel are two areas that most of us would do well to try and deal with and understand much more. I did think about this this morning and you can see fear everywhere and if you actually stop you can see how it drives people and is responsible for so many decisions made, many on a subconscious level, as an example – even down to the person pushing to get on the train first as they are fearful of not getting a seat.
I would like to thank you for the time and effort that you put into all areas of your work, that allows someone like me to begin connecting the dots.
I have found that listening to your podcasts on a daily basis really fires up my motivation to do well and succeed at trend following.
I hope you have a great day.
Thanks Clare! Just getting started on meditation. Learning!