Everyone fails.
Anyone you see succeeding is only succeeding at the things you're paying attention to--I guarantee they are also failing at lots of other things. The people I respect most are those who fail well. I respect them even more than those who succeed. #principleoftheday
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RandomRabbito retweeted
Millionaire trader Larry Williams on how to deal with losses.
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Understanding, accepting, and working with reality is both practical and beautiful. I have become so much of a hyperrealist that I’ve learned to appreciate the beauty of all realities, even harsh ones, and have come to despise impractical idealism.
Don’t get me wrong: I believe in making dreams happen. To me, there’s nothing better in life than doing that. The pursuit of dreams is what gives life its flavor. My point is that people who create great things aren’t idle dreamers: They are totally grounded in reality. Being hyperrealistic will help you choose your dreams wisely and then achieve them.
#principleoftheday
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RandomRabbito retweeted
Stay strong, stay positive, and never give up.
Roy T. Bennett, The Light in the Heart
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I was asked, how do I manage stress from economic shocks, geopolitical shocks, and all the things that are going on?
While my typical approaches like "pain plus reflection equals progress" and meditation are highly effective, I’ll pass along another principle that I think is the best advice: The Serenity Prayer.
I view this almost like a game. These macro things are happening, but there are also a lot of joyous things and choices that exist with us. It’s really up to me to navigate them.
What can I control that's really important to me? What can't I control? I can't live forever, so I’m not going to get stressed out about that. But on the other hand, I can control certain things. Having that equanimity allows me to approach life in a way where I don't get hijacked.
It is logical, real, and practical. Look around you. You’ve got wonderful things and things you aspire to. Don't get so attached. If you navigate your life well, you're going to be fine.
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