What if your mind could work like a computer? Imagine picking stocks with the aid of an unbeatable technical analyst. You can work towards such utopia. Program your mind to process more data than competing stock investors. Cut out the distractions of biased comments and unfounded rumors. Make hard facts work for you.
Howard Gardner, psychologist and Harvard Business School Guru, postulates multiple intelligences. You may never become Van Gogh or Isaac Newton, but you can work on balancing the various capabilities of your brain. Modeling is a classic business management skill. You need not be a major in logic or math to process factual inputs for top stock picks.
Fear, anxiety, and stress drive personal financial planning. Bewilderment at what to do with the May 2008 stimulus check is a typical example of the haze through which we build estates. Inflation and rumors of pension fund mismanagement add grist to mills of doubts about long life as a senior citizen. Management Consulting wizard Kenichi Ohmae has said that such pressures force us to make decisions like deer frozen in headlights on a highway.
The reassuring news is that you can work on your concrete intelligence. Use a mental gym to do daily calisthenics. You will soon see improvements in your thinking. Pick stocks with confidence in your own judgment. Listen to everyone, but decide with deliberation. Learn from your mistakes. You can recover lost opportunities, and stop losses as well. A Central Processing Unit in your mind will be a great help during the rest of 2008. Emotions have their places, but not in stock investing.
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