The Link Between Mindfulness and Success
“The optimist sees opportunity in every danger;
The pessimist sees danger in every opportunity”
– Winston Chruchill
The quote above could just as easily read The Mindful as the Optimist. Everyone knows that in investing you buy low and sell high, but few people understand the mental fortitude it takes to actually do this.
Think about it, buying low requires you to purchase something that not only is something that others do not want, but that the masses are dumping from their portfolios in droves. Selling high requires you to get rid of your stock at the height of the moment that everyone else is jumping on the bandwagon.
This is not just true in investing. It’s true in business. 15 years ago opening a cupcake business or fro-yo place would have been a gold-mine because the market was not flooded. About five years ago people looked at the success of the few people that got in early and flooded the market. Most of them lost their shirts.
Two years ago it might have seemed insane to open up an independent bookstore, but I suggested here that it was actually just the right time for specialists to step in and fill the vacuum. Today there are popping back up and succeeding.
The person who is skilled at meditation has developed the ability to be unswayed. To stare at the thing that people say is sure to fail, and know how you can make it work precisely because not everyone is doing it, and you are driven and clever enough to see it done.
