Cultivating a Growth Mindset in Children and Beyond

This chapter explores the contrasting concepts of growth mindset and fixed mindset, highlighting their impact on performance in academics and sports. It features anecdotes and practical advice on fostering resilience and hard work, particularly in children, through emphasizing effort over innate talent.

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Episode notes

IN THIS EPISODE, YOU’LL LEARN:

Why and how you should evolve from a fixed mindset to a growth mindset.
How ego stops your personal development and humility makes it grow.
Ask the investors: What would happen in the financial markets if everyone followed a value investing approach?
Ask the investors: How does Stanley Druckenmiller use momentum investing to beat the market?

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Carol Dweck’s book, Mindset – Read reviews of this book.
Bill Gates’ endorsement of Mindset.
Preston and Stig’s first part interview with Dr. Wesley Gray about Quantitative Momentum.
Wesley Gray’s book, Quantitative Momentum – Read reviews of this book.
Jim Rodgers’ book, Investment Biker – Read reviews of this book.

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