Let’s Start with Safal Niveshak
Just in case you missed any of this on Safal Niveshak over the last few days…
- Launched The Safal Niveshak Mastermind – one-year course to help your reinvent how your invest, work, and live – and have received a great response so far. So that you don’t miss out on this Course, subscribe before it closes on 25th August. Know more and subscribe here.
- Recently started a survey on investor psychology, and the results have surprised me! Before I share the results and my analysis on coming Monday, please participate in it by visiting this page.
- There was a massacre on Dalal Street this week. If you are worried about falling stock prices, first delete you online portfolio tracker :-), and then read this.
- I have 40 reasons you are a bad investor!
I recently bought Rolf Dobelli’s The Art of Thinking Clearly on the suggestion of Prof. Sanjay Bakshi. And I haven’t put it down ever since.
Here is what Dobelli has written about the Contrast Effect…
When we encounter contrasts, we react like birds to a gunshot: we jump up and get moving. Our weak spot: we don’t notice small, gradual changes. A magician can make your watch vanish because, when he presses on one part of your body, you don’t notice the lighter touch on your wrist as he relieves you of your Rolex.
Similarly, we fail to notice how our money disappears. It constantly loses its value, but we do not notice because inflation happens over time. If it were imposed on us in the form of a brutal tax (and basically that’s what it is), we would be outraged.
The contrast effect can ruin your whole life: a charming woman marries a fairly average man. But because her parents were awful people, the ordinary man appears to be a prince.
Stimulate Your Mind
Here’s some amazing content I read during the week gone by…
- Sad to see this all around me, but from park swings to medical seats, competition to outsmart others and squeeze through the system starts early for the Indian child.
- India’s capitalistic companies continue to believe in deal-making with the ‘babus’ than following the rules of the game ethically. Maybe, deal-making is what they consider a rule!
- Leo Babauta of Zen Habits on why you must simplify your life and let go of your crutches.
- Jana Vembunarayanan, a Safal Niveshak tribesman, writes on the five elements of effective thinking on his amazing blog.
Well, if you haven’t done it already, sign up here to receive Poke the Box in your email…and get ready for stimulating Saturday mornings.
Appreciate your problem.
And please watch Bhaag Milkha Bhaag!
Till next weekend…
Chief Poker – Poke the Box