Soul in the Game
To give you more time to ponder investment ideas for 2023, here’s a book review of Vitaliy Katsenelson’s latest book, Soul in the Game. Here are a few snips.
Warren Buffett says that he tap dances to work. He goes to work not because he cannot wait to earn another billion – he is giving the bulk of his money away, anyway – but because he loves investing. He is an artisan; investing is his art and craft.
This is how I strive to lead my life. Just as important, it’s how I want my kids to lead their lives, too.
Love what you do. See art in it. Own it. Have pride in it. Hold sacred taboos. Be a student of life, for life. Focus, and strive for continuous improvement. Be a net positive for society. If you do all this, you may or may not have the fattest bank account, but you are guaranteed a fulfilling and meaningful life. It’s that simple: Have soul in the game!
Vitaliy sent me an advance copy with a message to me that he had never written a non-investment book before.
After reading the book I told Vitaliy that he was mistaken. His book was very much about investing, investing in life.
Please read the book. You will enjoy it and learn something from it.
My Number One Investment Idea for 2023
Invest in yourself, your family, and your friends. Invest in life. If you need to lose weight, do it.
Spend more quality time with your friends, family, and loved ones.
Get out of the echo chamber. I lost a lot of readers these past two years because I criticized things Trump did or said. I lost more when I criticized Biden.
But if all you are doing is seeking out your own opinion, stop seeking, you already have it.
Entertain the other side. If you have grudges, they won’t do you any good, so let them go.
Invest in life.
Happy New Year.
This post originated at MishTalk.Com.
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To invest in people you don’t need huge amounts of money.
In fact to invest in people, you don’t need any money at all.
To invest in people you need the consistent practice of True Love, Dharma, SEVA (Selfless Sacrifice) and the things I have figured out.
The first people to invest in are your true family and true friends.
Your true family and true friends are not attracted to your wealth, they are attracted to you. They will be the only ones standing by you when you no longer have your wealth.
Your true family is not just your blood family, they are just products of your Karma.
From my personal experience, your blood family usually shows you fish love.
Your true family and true friends give you true love, not fish love.
Refer to my article on what “Real Wealth” is.
The goal of “Real Wealth” is to become immortal. It is to never die. This is the ultimate goal of the Sanathan Dharma. This is the “Real Wealth”.
To be remembered and loved for millenniums like Lord Ram, Jesus and the Sakyamuni.
As the saying goes:
If you live in the hearts of those who we love, is to never die.
This wealth does not come from just earning huge amounts of money.
This wealth can only be developed by the consistent practice of True Love, Dharma, SEVA (Selfless Sacrifice) and the things I have figured out.
Americans paying off their credit cards was a sharp drop in bank deposits and
the money supply.” – Keeping At It: The Quest for Sound Money and Good Government
Market Wizards: How Winning Traders Win by Jack D. Schwager
Schwager
I felt this same sting earlier this year and was stunned at how gutted I was. Portlander2’s advice is spot on. Reconnect and improve the relationships with those close to you. But it’s okay to lie on the couch and watch StarTrek reruns for a while. Find someone to talk with, ideally someone who you know has gone through it. It’s okay to hurt.