Friday, 1 October 2021

The Psycholgy of money

Timeless Lesson on money, greed and happiness,  greatest show on earth, he was a genius, key component of success, He bragged openly and loudly about his wealth, soft skills are more important than the technical side of the money, 6 months emergency fund, Get out from my face, genius who lose control over his emotion is a financial disaster, What happens in your head when u try to do it, Health & Money, Health care industry is the result of modern science, Rising life expectancy all over the world, How the human body works, Smartest mind joining this , With trial & error we became better farmers, money is everywhere, one of the greatest shows on earth, physics are not controversial, it is governed by Laws, impelling their , history doesnt repeat itself, men does, 
Chapter 1
Promoting & Helping different values, Everybody has his own unique experience, how the world works, i have no first hand knowledge of disappointment, major point, open mindedness, free from fear, big market, impact the lives, change your behaviour, some lesson has to be experienced before it can be understood, decision based on impulse, grow when inflation is low, when and where u were born, amazing return, We live paycheck to paycheck, How new this idea is, we all make decisions based on our personal experience,
Chapter 2
Luck and Risk are siblings, judging success, vision of cash and foresight, The same force, the same magnitude, Foresight, insight, anticipation, Precognition,  antonyms Carelessness, ignorance, negligence, thoughtlessness, You cant believe without respecting a person, They are driven by the same thing, Luck and Risk proper respect, judging yourselves, Quality of education depends upon building people to handle challenges and hurdles of peoples, story becomes complex, Bad decision vs good decision, Reality of Risk, story is misleading, Forbes magazine doesnt celebrate poor investors, we are all trying to study what works and what doesnt, actions that are repeatable, apetite for new learnings, 
Chapter 3
Chapter 4

The more powerful force on the planet, 
Chapter 5
Your plan God laughs, first encounter with the real world, plan is only useful if u survive reality, Anything that help u live happy, optimistic about future, sensible optimism, filled with misery, road between now and then is filled with land mine, you can panic, but this is normal path of progress, 4 US president were assasinated, long term optimisim, Growth in the face of adversity
Chapter 6
Promise in your youth, outperform your previous performance, Measured in years not generations, it is not unique but common, upset the , economy in recession, economy not in recession, reverse back, How u behave as an investor, punctuated moment of terror, no one make a decision all the time, u have to try more crazy things, they are not delusions, failure of responsibility, in most of the fields we see only the finished product, not the losses that incurred, 
Chapter 7
How money can make you happier, positive feeling of well being, control over your time, autonomy, that can be life changing, miserable experiences, works that never end, controlling your time is the key happpiness, controlling your time is the highest dividends that time pays, 
Chapter 8
Humility, kindness, empathy will bring more respect, 
Chapter 9
Huge % in their car, We dont see people bank account and pay checks, we depend on their appearances, modern capitalism is fake it unless u make it, 
Chapter 16
We have to play the same game with the same rule, No danger that i will be persuaded by them, 
Chapter 17
Optimism is the best platform , pessimism is more common than the optimism, optimisim is belief that everything will be great, No this is complacency, The outcome will be in favour all the time, setback all the time, your business in Life support, pessimist about the economy, We will become a world leader, say someone u have a big dream they will be skeptical and say someone u are in danger u will have their undivided attention, The world is getting better they will be more skeptical, progress a human can make with optimisim, despair other hope, better chance to survive, Promoted so heavily on media, very persuasive, with equal magnitude, overnight miracles, nature has reached that limits, We will connect the world with this opportunity,  The story of wright brother quest led to flight, make ur life more vivid and rewarding, Journey of exploration filled with wonder and unexpected joys, 
Chapter 18
 Chapter 19
Chapter 20
Chapter 21

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