Approximately True, on Average Over Time, That's a Perfect Description

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On average, on average, over time, that's a perfect description of a very robust investment strategy and process. And it's true for life as well, absolutely. If you say, for ample, let me be more loving and kinder and more compassionate, you an t have better relationships. You'll have more self respect, you'll draw better people into your orbit, and good things are likely to happen. When you find a principle that works in investing, it works in every other area too. They're chucking away all of the short term nonsense that most people on wall street are focusing on.

William Green is a journalist and author of the book “RICHER, WISER, HAPPIER: How the World's Greatest Investors Win in Markets and Life.” — a book that draws on hundreds of hours of interviews with many of the world’s super-investors to demonstrate that key insights for building wealth apply to life as well. You can follow William on Twitter https://twitter.com/williamgreen72 and get his book at https://www.amazon.com/Richer-Wiser-Happier-Greatest-Investors/dp/1501164856 Show Notes:

From Journalism to Investing
Obsessiveness required to play and win a game
Behavioral biases
Role of patience in investing
Stoicism, and dealing with uncertainty
Reading authors like Henry James
Saying YES to serendipity
Being present in the moment
Delaying gratification
“When I fall, I shall rise”
Getting out of your own way
Staying away from the games that don't suit you
How body posture can affect you psychologically
Giving pleasure to your creator
Not knowing the truth

Books Mentioned:

Richer, Wiser, Happier: How the World's Greatest Investors Win in Markets and in Life; by William Green
Happy: Why More Or Less Everything is Absolutely Fine; by Derren Brown