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book summary of “ Beyond Greed and Fear ” by Hersh Shefrin

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  Trading in the financial markets is a combination of fear, risk and greed. However, in order to act differently or not get caught up in repetitive potholes, a newer approach must be taken. We may even have to look beyond our fears and greed to find a smoother way to get out of the way. In this article, we go to the book ”  Beyond Greed and Fear  ” by “Hersh Shefrin” and examine his view on trading with the naked eye. If you want to figure out some of the big mistakes in the financial markets and the world of investing, stay tuned for the rest of this book [  Beyond Greed and Fear  ] . Where did financial behavior come from? Financial behavior emerged as psychologists became interested in finance and economics. In fact, financial markets were a pristine bedrock for psychologists. Since investors usually think of themselves as rational, accountable people with no clue about their financial behavior and the decisions they make. When psychologists examined financi...

Secrets to Supercharge your Team

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Imagine you were in your MBA class for the first time and you had the intelligence of Jeff Bezos and Marisa Meyer together. If you want to have the brightest future possible in business, you may still have a few things to learn. “During our years of study, there is a misconception that only the degree of your academic achievement matters in your life,” says Daniel Goleman, one of the country’s most famous writers and researchers in the field of leadership. When you enter a business, especially if you are an entrepreneur, you know it’s nonsense. Many people with direct A work for people who were a B student. I once spoke to a room full of CEOs. I asked, “How many of you excelled, did you have the highest grades in your class when you graduated?” Out of 200 or 300 people, it was about 1%. “There is an assumption that your success in school determines how successful you are in business”. Through a convincing mix of anecdotes and scientific analysis, he argues that what distinguishes top b...

Four Strategies to release from Office Freak-Outs

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Instead of reacting, remember to respond to keeping calm when the situation warms up. Responding means thinking and deliberately adapting one’s behavior to the current situation. It involves the parasympathetic nervous system, which is activated when the body is calm and at rest. In contrast, the reaction means automatically going into a state of stress with a high alert. Your brain automatically processes the problem as an emergency, and your sympathetic nervous system is activated, preparing your body to fight, escape, or freeze.  make your own strategy . Kathryn D. Cramer describes highly effective leaders as highly responsive leaders who respond to difficult situations with high energy and excitement in the face of fear and stress. Learn how to manage your aggression for less emotion with the four strategies below: Strategy No. 1: Take 10 Consider this sentence: “The only difference between fear and excitement is breathing.” When you feel stress-induced anxiety, take the phrase...

Steps to make a Healthier life

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We combed through studies to identify the definitive no-frills, real-deal tips, which you need to be a healthiest version of yourself. No matter what is happening in your life, it is easy to put these steps into action on a daily routine. Make your life Healthier and Happier than every moment in your time. 1. Eat breakfast You already know that this is the most important meal of the day – it starts your metabolism fast, provides sustained energy and can help control cravings. Sorry donut lovers, but not all breakfasts are the same. To get your best nutritional foot forward, star players are protein and fiber. In a University of Missouri study, women who ate a 300-calorie, high-protein breakfast, including eggs, were less likely to starve during the morning and eat fewer calories at lunch than those who ate a low-protein breakfast or no breakfast at all. When you do not have time to stir the eggs in the morning, choose oatmeal. According to a study in the Journal of the American Col...

book summary of “ Das Kapital ” by Karl Marx

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In this article, we will go through Karl Marx’s  Das Kapital  translated by Tom Rockmore. Throughout this book, which was a free interpretation of Marx’s economic ideas about capital and economics, Rockmore sought to discover a new perspective on Marx’s thought. Who was Marx and why should we know about his economic thought? Karl Marx was a philosopher, economist, thinker, critic and politician. We can say that he swam like a bold fish against the flow of the intellectual river of his time. Because of this, he suffered a lot, was exiled, deported from his native Germany, struggled with poverty, and even lost several children along the way; yet the impact and impetus he left on world thought has survived to this day. Of course, Marx, both during his lifetime and after his death, had great opponents and critics, each of whom pointed to a realistic part of the works of Marx’s thought. Negative examples of this influence include the suppression of capitalism, the nationalization o...