Tuesday, 31 March 2015
Quote for the day
“The stock market is an inexact phenomenon. Laypersons' opinions often seem as worthy as professionals', and shoeshine men and brokers compete for genius.” - Michael Steinhardt
Monday, 30 March 2015
Quote for the day
"You can't connect the dots looking forward; you can only connect them looking backward. So you have to trust that the dots will somehow connect in your future. You have to trust in something--your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life." - Steve Jobs
Sunday, 29 March 2015
Largest Daily Percentage changes in the Colombo Stock Exchange ASPI (1985 - 2015 February)
The following tables show only the top 15 largest one-day changes between a given day's close and the close of the previous trading day, not the largest changes during the trading day (i.e. intraday changes).
Largest daily percentage gains
Largest daily percentage losses
48 tips on becoming more powerful
By Richard Feloni
What is power? And how do you acquire it?
Robert Greene, author of "The 48 Laws of Power," has some insight.
Power is "the measure of the degree of control you have over circumstances in your life and the actions of the people around you," Greene tells Business Insider. "It is a skill that is developed by a deep understanding of human nature, of what truly motivates people, and of the manipulations necessary for advancement and protection."
Greene gave us permission to republish his 48 laws power, which he developed from analyzing some of history's most powerful people.
This is an update of an article originally written by Aimee Groth.
Never outshine the master.
"Always make those above you feel comfortably superior. In your desire to please or impress them, do not go too far in displaying your talents or you might accomplish the opposite — inspire fear and insecurity. Make your masters appear more brilliant than they are and you will attain the heights of power."
Never put too much trust in friends; learn how to use enemies.
"Be wary of friends — they will betray you more quickly, for they are easily aroused to envy. They also become spoiled and tyrannical. But hire a former enemy and he will be more loyal than a friend, because he has more to prove. In fact, you have more to fear from friends than from enemies. If you have no enemies, find a way to make them."
Conceal your intentions.
"Keep people off-balance and in the dark by never revealing the purpose behind your actions. If they have no clue what you are up to, they cannot prepare a defense. Guide them far enough down the wrong path, envelop them in enough smoke, and by the time they realize your intentions, it will be too late."
Always say less than necessary.
"When you are trying to impress people with words, the more you say, the more common you appear, and the less in control. Even if you are saying something banal, it will seem original if you make it vague, open-ended, and sphinxlike. Powerful people impress and intimidate by saying less. The more you say, the more likely you are to say something foolish."
So much depends on reputation — guard it with your life.
"Reputation is the cornerstone of power. Through reputation alone you can intimidate and win; once it slips, however, you are vulnerable, and will be attacked on all sides. Make your reputation unassailable. Always be alert to potential attacks and thwart them before they happen. Meanwhile, learn to destroy your enemies by opening holes in their own reputations. Then stand aside and let public opinion hang them."
Court attention at all cost.
"Everything is judged by its appearance; what is unseen counts for nothing. Never let yourself get lost in the crowd, then, or buried in oblivion. Stand out. Be conspicuous, at all cost. Make yourself a magnet of attention by appearing larger, more colorful, more mysterious than the bland and timid masses."
Get others to do the work for you, but always take the credit.
"Use the wisdom, knowledge, and legwork of other people to further your own cause. Not only will such assistance save you valuable time and energy, it will give you a godlike aura of efficiency and speed. In the end your helpers will be forgotten and you will be remembered. Never do yourself what others can do for you."
Make other people come to you — use bait if necessary
"When you force the other person to act, you are the one in control. It is always better to make your opponent come to you, abandoning his own plans in the process. Lure him with fabulous gains — then attack. You hold the cards."
Win through your actions, never through argument.
"Any momentary triumph you think you have gained through argument is really a Pyrrhic victory. The resentment and ill will you stir up is stronger and lasts longer than any momentary change of opinion. It is much more powerful to get others to agree with you through your actions, without saying a word. Demonstrate, do not explicate."
Infection: Avoid the unhappy and unlucky.
"You can die from someone else's misery — emotional states are as infectious as diseases. You may feel you are helping the drowning man but you are precipitating your own disaster. The unfortunate sometimes draw misfortune on themselves; they will also draw it on you. Associate with the happy and fortunate instead."
Learn to keep people dependent on you.
"To maintain your independence you must always be needed and wanted. The more you are relied on, the more freedom you have. Make people depend on you for their happiness and prosperity and you have nothing to fear. Never teach them enough so that they can do without you."
Use selective honesty and generosity to disarm your victim.
"One sincere and honest move will cover over dozens of dishonest ones. Open-hearted gestures of honesty and generosity bring down the guard of even the most suspicious people. Once your selective honesty opens a hole in their armor, you can deceive and manipulate them at will. A timely gift — a Trojan horse — will serve the same purpose."
When asking for help, appeal to people's self-interest, never to their mercy or gratitude.
"If you need to turn to an alley for help, do not bother to remind him of your past assistance and good deeds. He will find a way to ignore you. Instead, uncover something in your request, or in your alliance with him, that will benefit him, and emphasize it out of all proportion. He will respond enthusiastically when he sees something to be gained for himself."
Pose as a friend, work as a spy.
"Knowing about your rival is critical. Use spies to gather valuable information that will keep you a step ahead. Better still: Play the spy yourself. In polite social encounters, learn to probe. Ask indirect questions to get people to reveal their weakness and intentions. There is no occasion that is not an opportunity for artful spying."
Crush your enemy totally.
"All great leaders since Moses have known that a feared enemy must be crushed completely. (Sometimes they have learned this the hard way.) If one ember is left alight, no matter how dimly it smolders, a fire will eventually break out. More is lost through stopping halfway than through total annihilation: The enemy will recover, and will seek revenge. Crush him, not only in body but in spirit."
Use absence to increase respect and honor.
"Too much circulation makes the price go down: The more you are seen and heard from, the more common you appear. If you are already established in a group, temporary withdrawal from it will make you more talked about, even more admired. You must learn when to leave. Create value through scarcity."
Keep others in suspended terror: Cultivate an air of unpredictability.
"Humans are creatures of habit with an insatiable need to see familiarity in other people's actions. Your predictability gives them a sense of control. Turn the tables: Be deliberately unpredictable. Behavior that seems to have no consistency or purpose will keep them off-balance, and they will wear themselves out trying to explain your moves. Taken to an extreme, this strategy can intimidate and terrorize."
Do not build fortresses to protect yourself — isolation is dangerous.
"The world is dangerous and enemies are everywhere — everyone has to protect themselves. A fortress seems the safest. But isolation exposes you to more dangers than it protects you from — it cuts you off from valuable information, it makes you conspicuous and an easy target. Better to circulate among people, find allies, mingle. You are shielded from your enemies by the crowd."
Know who you're dealing with — do not offend the wrong person.
"There are many different kids of people in the world, and you can never assume that everyone will react to your strategies in the same way. Deceive or outmaneuver some people and they will spend the rest of their lives seeking revenge. They are wolves in lambs' clothing. Choose your victims and opponents carefully, then — never offend or deceive the wrong person."
Do not commit to anyone.
"It is the fool who always rushes to take sides. Do not commit to any side or cause by yourself. By maintaining your independence, you become the master of others — playing people against one another, making them pursue you."
Play a sucker to catch a sucker — seem dumber than your mark.
"No one likes feeling stupider than the next person. The trick, then, is to make your victims feel smart — and not just smart, but smarter than you are. Once convinced of this, they will never suspect that you have ulterior motives."
Use the surrender tactic: Transform weakness into power.
"When you are weaker, never fight for honor's sake; choose surrender instead. Surrender gives you time to recover, time to torment and irritate your conqueror, time to wait for his power to wane. Do not give him the satisfaction of fighting and defeating you — surrender first. By turning the other cheek you infuriate and unsettle him. Make surrender a tool of power."
Concentrate your forces.
"Conserve your forces and energies by keeping them concentrated at their strongest point. You gain more by finding a rich mine and mining it deeper, than by flitting from one shallow mine to another — intensity defeats extensity every time. When looking for sources of power to elevate you, find one key patron, the fat cow who will give you milk for a long time to come."
Play the perfect courtier.
"The perfect courtier thrives in a world where everything revolves around power and political dexterity. He has mastered the art of indirection; he flatters, yields to superiors, and asserts power over others in the most oblique and graceful manner. Learn and apply the laws of courtiership and there will be no limit to how far you can rise in the court."
Re-create yourself.
"Do not accept the roles that society foists on you. Re-create yourself by forging a new identity, one that commands attention and never bores the audience. Be the master of your own image rather than letting others define it for you. Incorporate dramatic devices into your public gestures and actions — your power will be enhanced and your character will seem larger than life."
Keep your hands clean.
"You must seem a paragon of civility and efficiency: Your hands are never soiled by mistakes and nasty deeds. Maintain such a spotless appearance by using others as scapegoats and cat's-paws to disguise your involvement."
Play on people's need to believe to create a cultlike following.
"People have an overwhelming desire to believe in something. Become the focal point of such desire by offering them a cause, a new faith to follow. Keep your words vague but full of promise; emphasize enthusiasm over rationality and clear thinking. Give your new disciples rituals to perform, ask them to make sacrifices on your behalf. In the absence of organized religion and grand causes, your new belief system will bring you untold power."
Enter action with boldness.
"If you are unsure of a course of action, do not attempt it. Your doubt and hesitations will infect your execution. Timidity is dangerous: Better to enter with boldness. Any mistakes you commit through audacity are easily corrected with more audacity. Everyone admires the bold; no one honors the timid."
Plan all the way to the end.
"The ending is everything. Plan all the way to it, taking into account all the possible consequences, obstacles, and twists of fortune that might reverse your hard work and give the glory to others. By planning to the end you will not be overwhelmed by circumstances and you will know when to stop. Gently guide fortune and help determine the future by thinking far ahead."
Make your accomplishments seem effortless.
"Your actions must seem natural and executed with ease. All the toil and practice that go into them, and also all the clever tricks, must be concealed. When you act, act effortlessly, as if you could do much more. Avoid the temptation of revealing how hard you work — it only raises questions. Teach no one your tricks or they will be used against you."
Control the options: Get others to play with the cards you deal.
"The best deceptions are the ones that seem to give the other person a choice: Your victims feel they are in control, but are actually your puppets. Give people options that come out in your favor whichever one they choose. Force them to make choices between the lesser of two evils, both of which serve your purpose. Put them on the horns of a dilemma: They are gored wherever they turn."
Play to people's fantasies.
"The truth is often avoided because it is ugly and unpleasant. Never appeal to truth and reality unless you are prepared for the anger that comes with disenchantment. Life is so harsh and distressing that people who can manufacture romance or conjure up fantasy are like oases in the desert: Everyone flocks to them. There is great power in tapping into the fantasies of the masses."
Discover each man's thumbscrew.
"Everyone has a weakness, a gap in the castle wall. That weakness is usually an insecurity, an uncontrollable emotion or need; it can also be a secret pleasure. Either way, once found, it is a thumbscrew you can turn to your advantage."
Be royal in your own fashion: Act like a king to be treated like one.
"The way you carry yourself will often determine how you are treated; In the long run, appearing vulgar or common will make people disrespect you. For a king respects himself and inspires the same sentiment in others. By acting regally and confident of your powers, you make yourself seem destined to wear a crown."
Master the art of timing.
"Never seem to be in a hurry — hurrying betrays a lack of control over yourself, and over time. Always seem patient, as if you know that everything will come to you eventually. Become a detective of the right moment; sniff out the spirit of the times, the trends that will carry you to power. learn to stand back when the time is not yet ripe, and to strike fiercely when it has reached fruition."
Disdain things you cannot have: Ignoring them is the best revenge.
"By acknowledging a petty problem you give it existence and credibility. The more attention you pay an enemy, the stronger you make him; and a small mistake is often made worse and more visible when you try to fix it. It is sometimes best to leave things alone. If there is something you want but cannot have, show contempt for it. The less interest you reveal, the more superior you seem."
Create compelling spectacles.
"Striking imagery and grand symbolic gestures create the aura of power — everyone responds to them. Stage spectacles for those around you, then, full of arresting visuals and raiding symbols that heighten your presence. Dazzled by appearances, no one will notice what you are really doing."
Think as you like but behave like others.
"If you make a show of going against the times, flaunting your unconventional ideas and unorthodox way, people will think that you only want attention and that you look down upon them. They will find away to punish you for making them feel inferior. It is far safer to blend in and nurture the common touch. Share your originality only with tolerant friends and those who are sure to appreciate your uniqueness."
Stir up waters to catch fish.
"Anger and emotion are strategically counterproductive. You must always stay calm and objective. But if you can make your enemies angry by staying calm yourself, you gain a decided advantage. Put your enemies off-balance: Find the chink in their vanity through which you can rattle them and you hold the strings."
Despise the free lunch.
"What is offered for free is dangerous — it usually involves either a trick or a hidden obligation. What has worth is worth paying for. By paying your own way you stay clear of gratitude, guilt and deceit. It is also often wise to pay the full price — there is no cutting corners with excellence. Be lavish with your money and keep it circulating, for generosity is a sign and a magnet for power."
Avoid stepping into a great man's shoes.
"What happens first always appears better and more original than what comes after. If you succeed a great man or have a famous parent, you will have to accomplish double their achievements to outshine them. Do not get lost in their shadow, or stuck in a past not of your own making: Establish your own name and identity by changing course. Slay the overbearing father, disparage his legacy, and gain power by shining in your own way."
Strike the shepherd and the sheep will scatter.
"Trouble can often be traced to a single strong individual — the stirrer, the arrogant underling, the poisoner of goodwill. If you allow such people room to operate, others will succumb to their influence. Do not wait for the troubles they cause to multiply, do not try to negotiate with them — they are irredeemable. Neutralize their influence by isolating or banishing them. Strike at the source of the trouble and the sheep will scatter."
Work on the hearts and minds of others.
"Coercion creates a reaction that will eventually work against you. You must seduce others into wanting to move into your direction. A person you have seduced becomes your loyal pawn. And the way to seduce others is to operate on their individual psychologies and weaknesses. Soften up the resistant by working on their emotions, playing on what they hold dear and what they fear. Ignore the hearts and minds of others and they will grow to hate you."
Disarm and infuriate with the mirror effect.
"The mirror reflects reality, but it is also the perfect tool for deception: When you mirror your enemies, doing exactly as they do, they cannot figure out your strategy. The Mirror Effect mocks and humiliates them, making them overreact. By holding up a mirror to their psyches, you seduce them with the illusion that you share their values; by holding up a mirror to their actions, you teach them a lesson. Few can resist the power of the Mirror Effect."
Preach the need for change, but never reform too much at once.
"Everyone understands the need for change in the abstract, but on the day-to-day level people are creatures of habit. Too much innovation is traumatic and will lead to revolt. If you are new to a position of power, or an outsider trying to build a power base, make a show of respecting the old way of doing things. If change is necessary, make it feel like a gentle improvement on the past."
Never appear too perfect.
"Appearing better than others is always dangerous, but most dangerous of all is to appear to have no faults or weaknesses. It is smart to occasionally display defects, and admit to harmless vices, in order to deflect envy and appear more human and approachable. Only gods and the dead can seem perfect with impunity."
Do not go past the mark you aimed for; in victory, learn when to stop.
"The moment of victory is often the moment of greatest peril. In the heat of victory, arrogance and overconfidence can push you past the goal you had aimed for, and by going too far, you make more enemies than you defeat. Do not allow success to go to your head. There is no substitute for strategy and careful planning. Set a goal and when you reach it, stop."
Assume formlessness.
"By taking a shape, by having a visible plan, you open yourself to attack. Instead of taking a form for your enemy to grasp, keep yourself adaptable and on the move. Accept the fact that nothing is certain and no law is fixed. The best way to protect yourself is to be as fluid and formless as water: never bet on stability or lasting order. Everything changes."
www.businessinsider.com
What is power? And how do you acquire it?
Robert Greene, author of "The 48 Laws of Power," has some insight.
Power is "the measure of the degree of control you have over circumstances in your life and the actions of the people around you," Greene tells Business Insider. "It is a skill that is developed by a deep understanding of human nature, of what truly motivates people, and of the manipulations necessary for advancement and protection."
Greene gave us permission to republish his 48 laws power, which he developed from analyzing some of history's most powerful people.
This is an update of an article originally written by Aimee Groth.
Never outshine the master.
"Always make those above you feel comfortably superior. In your desire to please or impress them, do not go too far in displaying your talents or you might accomplish the opposite — inspire fear and insecurity. Make your masters appear more brilliant than they are and you will attain the heights of power."
Never put too much trust in friends; learn how to use enemies.
"Be wary of friends — they will betray you more quickly, for they are easily aroused to envy. They also become spoiled and tyrannical. But hire a former enemy and he will be more loyal than a friend, because he has more to prove. In fact, you have more to fear from friends than from enemies. If you have no enemies, find a way to make them."
Conceal your intentions.
"Keep people off-balance and in the dark by never revealing the purpose behind your actions. If they have no clue what you are up to, they cannot prepare a defense. Guide them far enough down the wrong path, envelop them in enough smoke, and by the time they realize your intentions, it will be too late."
Always say less than necessary.
"When you are trying to impress people with words, the more you say, the more common you appear, and the less in control. Even if you are saying something banal, it will seem original if you make it vague, open-ended, and sphinxlike. Powerful people impress and intimidate by saying less. The more you say, the more likely you are to say something foolish."
So much depends on reputation — guard it with your life.
"Reputation is the cornerstone of power. Through reputation alone you can intimidate and win; once it slips, however, you are vulnerable, and will be attacked on all sides. Make your reputation unassailable. Always be alert to potential attacks and thwart them before they happen. Meanwhile, learn to destroy your enemies by opening holes in their own reputations. Then stand aside and let public opinion hang them."
Court attention at all cost.
"Everything is judged by its appearance; what is unseen counts for nothing. Never let yourself get lost in the crowd, then, or buried in oblivion. Stand out. Be conspicuous, at all cost. Make yourself a magnet of attention by appearing larger, more colorful, more mysterious than the bland and timid masses."
Get others to do the work for you, but always take the credit.
"Use the wisdom, knowledge, and legwork of other people to further your own cause. Not only will such assistance save you valuable time and energy, it will give you a godlike aura of efficiency and speed. In the end your helpers will be forgotten and you will be remembered. Never do yourself what others can do for you."
Make other people come to you — use bait if necessary
"When you force the other person to act, you are the one in control. It is always better to make your opponent come to you, abandoning his own plans in the process. Lure him with fabulous gains — then attack. You hold the cards."
Win through your actions, never through argument.
"Any momentary triumph you think you have gained through argument is really a Pyrrhic victory. The resentment and ill will you stir up is stronger and lasts longer than any momentary change of opinion. It is much more powerful to get others to agree with you through your actions, without saying a word. Demonstrate, do not explicate."
Infection: Avoid the unhappy and unlucky.
"You can die from someone else's misery — emotional states are as infectious as diseases. You may feel you are helping the drowning man but you are precipitating your own disaster. The unfortunate sometimes draw misfortune on themselves; they will also draw it on you. Associate with the happy and fortunate instead."
Learn to keep people dependent on you.
"To maintain your independence you must always be needed and wanted. The more you are relied on, the more freedom you have. Make people depend on you for their happiness and prosperity and you have nothing to fear. Never teach them enough so that they can do without you."
Use selective honesty and generosity to disarm your victim.
"One sincere and honest move will cover over dozens of dishonest ones. Open-hearted gestures of honesty and generosity bring down the guard of even the most suspicious people. Once your selective honesty opens a hole in their armor, you can deceive and manipulate them at will. A timely gift — a Trojan horse — will serve the same purpose."
When asking for help, appeal to people's self-interest, never to their mercy or gratitude.
"If you need to turn to an alley for help, do not bother to remind him of your past assistance and good deeds. He will find a way to ignore you. Instead, uncover something in your request, or in your alliance with him, that will benefit him, and emphasize it out of all proportion. He will respond enthusiastically when he sees something to be gained for himself."
Pose as a friend, work as a spy.
"Knowing about your rival is critical. Use spies to gather valuable information that will keep you a step ahead. Better still: Play the spy yourself. In polite social encounters, learn to probe. Ask indirect questions to get people to reveal their weakness and intentions. There is no occasion that is not an opportunity for artful spying."
Crush your enemy totally.
"All great leaders since Moses have known that a feared enemy must be crushed completely. (Sometimes they have learned this the hard way.) If one ember is left alight, no matter how dimly it smolders, a fire will eventually break out. More is lost through stopping halfway than through total annihilation: The enemy will recover, and will seek revenge. Crush him, not only in body but in spirit."
Use absence to increase respect and honor.
"Too much circulation makes the price go down: The more you are seen and heard from, the more common you appear. If you are already established in a group, temporary withdrawal from it will make you more talked about, even more admired. You must learn when to leave. Create value through scarcity."
Keep others in suspended terror: Cultivate an air of unpredictability.
"Humans are creatures of habit with an insatiable need to see familiarity in other people's actions. Your predictability gives them a sense of control. Turn the tables: Be deliberately unpredictable. Behavior that seems to have no consistency or purpose will keep them off-balance, and they will wear themselves out trying to explain your moves. Taken to an extreme, this strategy can intimidate and terrorize."
Do not build fortresses to protect yourself — isolation is dangerous.
"The world is dangerous and enemies are everywhere — everyone has to protect themselves. A fortress seems the safest. But isolation exposes you to more dangers than it protects you from — it cuts you off from valuable information, it makes you conspicuous and an easy target. Better to circulate among people, find allies, mingle. You are shielded from your enemies by the crowd."
Know who you're dealing with — do not offend the wrong person.
"There are many different kids of people in the world, and you can never assume that everyone will react to your strategies in the same way. Deceive or outmaneuver some people and they will spend the rest of their lives seeking revenge. They are wolves in lambs' clothing. Choose your victims and opponents carefully, then — never offend or deceive the wrong person."
Do not commit to anyone.
"It is the fool who always rushes to take sides. Do not commit to any side or cause by yourself. By maintaining your independence, you become the master of others — playing people against one another, making them pursue you."
Play a sucker to catch a sucker — seem dumber than your mark.
"No one likes feeling stupider than the next person. The trick, then, is to make your victims feel smart — and not just smart, but smarter than you are. Once convinced of this, they will never suspect that you have ulterior motives."
Use the surrender tactic: Transform weakness into power.
"When you are weaker, never fight for honor's sake; choose surrender instead. Surrender gives you time to recover, time to torment and irritate your conqueror, time to wait for his power to wane. Do not give him the satisfaction of fighting and defeating you — surrender first. By turning the other cheek you infuriate and unsettle him. Make surrender a tool of power."
Concentrate your forces.
"Conserve your forces and energies by keeping them concentrated at their strongest point. You gain more by finding a rich mine and mining it deeper, than by flitting from one shallow mine to another — intensity defeats extensity every time. When looking for sources of power to elevate you, find one key patron, the fat cow who will give you milk for a long time to come."
Play the perfect courtier.
"The perfect courtier thrives in a world where everything revolves around power and political dexterity. He has mastered the art of indirection; he flatters, yields to superiors, and asserts power over others in the most oblique and graceful manner. Learn and apply the laws of courtiership and there will be no limit to how far you can rise in the court."
Re-create yourself.
"Do not accept the roles that society foists on you. Re-create yourself by forging a new identity, one that commands attention and never bores the audience. Be the master of your own image rather than letting others define it for you. Incorporate dramatic devices into your public gestures and actions — your power will be enhanced and your character will seem larger than life."
Keep your hands clean.
"You must seem a paragon of civility and efficiency: Your hands are never soiled by mistakes and nasty deeds. Maintain such a spotless appearance by using others as scapegoats and cat's-paws to disguise your involvement."
Play on people's need to believe to create a cultlike following.
"People have an overwhelming desire to believe in something. Become the focal point of such desire by offering them a cause, a new faith to follow. Keep your words vague but full of promise; emphasize enthusiasm over rationality and clear thinking. Give your new disciples rituals to perform, ask them to make sacrifices on your behalf. In the absence of organized religion and grand causes, your new belief system will bring you untold power."
Enter action with boldness.
"If you are unsure of a course of action, do not attempt it. Your doubt and hesitations will infect your execution. Timidity is dangerous: Better to enter with boldness. Any mistakes you commit through audacity are easily corrected with more audacity. Everyone admires the bold; no one honors the timid."
Plan all the way to the end.
"The ending is everything. Plan all the way to it, taking into account all the possible consequences, obstacles, and twists of fortune that might reverse your hard work and give the glory to others. By planning to the end you will not be overwhelmed by circumstances and you will know when to stop. Gently guide fortune and help determine the future by thinking far ahead."
Make your accomplishments seem effortless.
"Your actions must seem natural and executed with ease. All the toil and practice that go into them, and also all the clever tricks, must be concealed. When you act, act effortlessly, as if you could do much more. Avoid the temptation of revealing how hard you work — it only raises questions. Teach no one your tricks or they will be used against you."
Control the options: Get others to play with the cards you deal.
"The best deceptions are the ones that seem to give the other person a choice: Your victims feel they are in control, but are actually your puppets. Give people options that come out in your favor whichever one they choose. Force them to make choices between the lesser of two evils, both of which serve your purpose. Put them on the horns of a dilemma: They are gored wherever they turn."
Play to people's fantasies.
"The truth is often avoided because it is ugly and unpleasant. Never appeal to truth and reality unless you are prepared for the anger that comes with disenchantment. Life is so harsh and distressing that people who can manufacture romance or conjure up fantasy are like oases in the desert: Everyone flocks to them. There is great power in tapping into the fantasies of the masses."
Discover each man's thumbscrew.
"Everyone has a weakness, a gap in the castle wall. That weakness is usually an insecurity, an uncontrollable emotion or need; it can also be a secret pleasure. Either way, once found, it is a thumbscrew you can turn to your advantage."
Be royal in your own fashion: Act like a king to be treated like one.
"The way you carry yourself will often determine how you are treated; In the long run, appearing vulgar or common will make people disrespect you. For a king respects himself and inspires the same sentiment in others. By acting regally and confident of your powers, you make yourself seem destined to wear a crown."
Master the art of timing.
"Never seem to be in a hurry — hurrying betrays a lack of control over yourself, and over time. Always seem patient, as if you know that everything will come to you eventually. Become a detective of the right moment; sniff out the spirit of the times, the trends that will carry you to power. learn to stand back when the time is not yet ripe, and to strike fiercely when it has reached fruition."
Disdain things you cannot have: Ignoring them is the best revenge.
"By acknowledging a petty problem you give it existence and credibility. The more attention you pay an enemy, the stronger you make him; and a small mistake is often made worse and more visible when you try to fix it. It is sometimes best to leave things alone. If there is something you want but cannot have, show contempt for it. The less interest you reveal, the more superior you seem."
Create compelling spectacles.
"Striking imagery and grand symbolic gestures create the aura of power — everyone responds to them. Stage spectacles for those around you, then, full of arresting visuals and raiding symbols that heighten your presence. Dazzled by appearances, no one will notice what you are really doing."
Think as you like but behave like others.
"If you make a show of going against the times, flaunting your unconventional ideas and unorthodox way, people will think that you only want attention and that you look down upon them. They will find away to punish you for making them feel inferior. It is far safer to blend in and nurture the common touch. Share your originality only with tolerant friends and those who are sure to appreciate your uniqueness."
Stir up waters to catch fish.
"Anger and emotion are strategically counterproductive. You must always stay calm and objective. But if you can make your enemies angry by staying calm yourself, you gain a decided advantage. Put your enemies off-balance: Find the chink in their vanity through which you can rattle them and you hold the strings."
Despise the free lunch.
"What is offered for free is dangerous — it usually involves either a trick or a hidden obligation. What has worth is worth paying for. By paying your own way you stay clear of gratitude, guilt and deceit. It is also often wise to pay the full price — there is no cutting corners with excellence. Be lavish with your money and keep it circulating, for generosity is a sign and a magnet for power."
Avoid stepping into a great man's shoes.
"What happens first always appears better and more original than what comes after. If you succeed a great man or have a famous parent, you will have to accomplish double their achievements to outshine them. Do not get lost in their shadow, or stuck in a past not of your own making: Establish your own name and identity by changing course. Slay the overbearing father, disparage his legacy, and gain power by shining in your own way."
Strike the shepherd and the sheep will scatter.
"Trouble can often be traced to a single strong individual — the stirrer, the arrogant underling, the poisoner of goodwill. If you allow such people room to operate, others will succumb to their influence. Do not wait for the troubles they cause to multiply, do not try to negotiate with them — they are irredeemable. Neutralize their influence by isolating or banishing them. Strike at the source of the trouble and the sheep will scatter."
Work on the hearts and minds of others.
"Coercion creates a reaction that will eventually work against you. You must seduce others into wanting to move into your direction. A person you have seduced becomes your loyal pawn. And the way to seduce others is to operate on their individual psychologies and weaknesses. Soften up the resistant by working on their emotions, playing on what they hold dear and what they fear. Ignore the hearts and minds of others and they will grow to hate you."
Disarm and infuriate with the mirror effect.
"The mirror reflects reality, but it is also the perfect tool for deception: When you mirror your enemies, doing exactly as they do, they cannot figure out your strategy. The Mirror Effect mocks and humiliates them, making them overreact. By holding up a mirror to their psyches, you seduce them with the illusion that you share their values; by holding up a mirror to their actions, you teach them a lesson. Few can resist the power of the Mirror Effect."
Preach the need for change, but never reform too much at once.
"Everyone understands the need for change in the abstract, but on the day-to-day level people are creatures of habit. Too much innovation is traumatic and will lead to revolt. If you are new to a position of power, or an outsider trying to build a power base, make a show of respecting the old way of doing things. If change is necessary, make it feel like a gentle improvement on the past."
Never appear too perfect.
"Appearing better than others is always dangerous, but most dangerous of all is to appear to have no faults or weaknesses. It is smart to occasionally display defects, and admit to harmless vices, in order to deflect envy and appear more human and approachable. Only gods and the dead can seem perfect with impunity."
Do not go past the mark you aimed for; in victory, learn when to stop.
"The moment of victory is often the moment of greatest peril. In the heat of victory, arrogance and overconfidence can push you past the goal you had aimed for, and by going too far, you make more enemies than you defeat. Do not allow success to go to your head. There is no substitute for strategy and careful planning. Set a goal and when you reach it, stop."
Assume formlessness.
"By taking a shape, by having a visible plan, you open yourself to attack. Instead of taking a form for your enemy to grasp, keep yourself adaptable and on the move. Accept the fact that nothing is certain and no law is fixed. The best way to protect yourself is to be as fluid and formless as water: never bet on stability or lasting order. Everything changes."
www.businessinsider.com
Quote for the day
“Somehow I can't believe that there are any heights that can't be scaled by a man who knows the secrets of making dreams come true. This special secret, it seems to me, can be summarized in four Cs. They are curiosity, confidence, courage, and constancy, and the greatest of all is confidence. When you believe in a thing, believe in it all the way, implicitly and unquestionable.” - Walt Disney
Saturday, 28 March 2015
Fitness Myths debunked
There are many myths out there in the fitness industry, and many people that fall into the trap and believe them. Ranging from: "If you're heavy, you're fat" to "Organic food is best for weight loss". Knowing the truth about these commonly believed myths is one of the key factors to leading a healthy life. This infographic outlines the 7 main fitness myths and gives readers the truth about each one to help readers get the most out of their fitness schedule and not fall into bad habits, possibly causing weight gain.
With some very surprising myths in the list, it is very easy to see why so many people find them so believable. With this inside information, readers are sure to optimise effectiveness along the journey to being at the peak of their physical fitness. So what are you waiting for? Use the information to your advantage and double the effectiveness of your fitness schedule today!
With some very surprising myths in the list, it is very easy to see why so many people find them so believable. With this inside information, readers are sure to optimise effectiveness along the journey to being at the peak of their physical fitness. So what are you waiting for? Use the information to your advantage and double the effectiveness of your fitness schedule today!
Source: http://www.visualistan.com/
Quote for the day
“We sell ourselves to be able to buy that which doesn't serve us, and when what we really need comes before us, we no longer have the means left to acquire it.” - Absalon Uyawayaska
Friday, 27 March 2015
Quote for the day
“You have to learn how to lose; it is more important than learning how to win. If you think you are always going to be a winner, when you lose, you will develop feelings of hostility and end up blaming the market instead of trying to learn why you lost.” - Mark Weinstein
Thursday, 26 March 2015
The World’s Worst Stock Market Crashes
By Aarti Nagraj
From Black Monday to Black Tuesday, Gulf Business tracks the stock market plunges that rattled history.
1. CRASH OF 1929
Date: October 28 and 29
Country: US
Named one of the key factors in triggering the Great Depression, the stock market crash in 1929 burst the economic bubble that the US witnessed during the twenties.
On October 28, dubbed Black Monday, the Dow Jones Industrial Average fell 38 points to 260, a drop of 12.8 per cent. The following day, Black Tuesday, the index dropped 30 points to close at 230. Across the two days, the Dow fell 23 per cent.
Following the crash, banks failed, unemployment soared and the US entered the Great Depression, which lasted until the late-1930s.
2. CRASH OF 1987
Date: October 19
Country: US / Global
Known as Black Monday, the crash of 1987 saw the Dow stock index dropping 508.32 points, losing 22.6 per cent of its value and wiping out $500 billion in one day.
The crash occurred after an avalanche of sell orders hit the market and although many feared that it would trigger another Great Depression, the market managed to stabilise and gradually returned to normal.
3. SEPTEMBER 2001 TERRORISM ATTACK
Date: September 17
Country: US
The financial markets remained closed for a week after the September 11 terrorism attacks in the US, but on the first day of trading, on September 17, the New York Stock Exchange fell 684 points, a 7.1 per cent decline. During the next one week, the Dow dropped almost 14 per cent, while the Standard and Poor’s index lost 11.6 per cent. Overall, up to $1.4 trillion in value is estimated to have been erased during those five days.
4. 2007 CHINA COLLAPSE
Date: February 27
Country: China / Global
The SSE Composite Index of the Shanghai Stock Exchange crashed nine per cent, its largest drop in 10 years, erasing about $140 billion of its value on February 27.
The drop in the Chinese index generated major drops in worldwide stock markets – Mexican stocks lost four per cent, the Dow fell 3.3 per cent, Japan’s Nikkei lost over three per cent and the London FTSE 100 dropped 1.85 per cent.
5. ASIAN FINANCIAL CRISIS
Date: October 23, 2007
Country: Hong Kong / Global
Following a collapse of economies across Asia including Thailand, Malaysia, Philippines and Indonesia, Hong Kong’s overheated Hang Seng index plunged 1,211.47 points, or 10.41 per cent on October 23, wiping away $29.3 billion from the stock market. The drop triggered crashes across the world, with the Nikkei closing down 3.03 per cent and the London FTSE falling 3.06 per cent.
The Dow also collapsed on October 27, declining 554.26 points or 7.18 per cent, to close at 7161.15.
6. GLOBAL FINANCIAL CRISIS
Date: September 29, 2008
Country: US / Global
The Dow slumped nearly 778 points (6.98 per cent), wiping out around $1.2 trillion in market value after the US government’s $700 billion bank bailout plan was rejected by the House of Representatives. The Standard & Poor’s 500 index also lost 8.8 per cent on the day.
A week later, on October 6, the financial crisis rattled markets around the world – the FTSE-100 index dropped by 391.06 points or 7.9 per cent and the Nikkei fell 554.76 points or 5.3 per cent within 30 minutes from the opening bell.
7. FLASH CRASH
Date: May 6, 2010
Country: US
On May 6, 2010, soon after 2.00pm in the afternoon, the Dow suddenly plunged close to 1000 points, (nine per cent) in 30 minutes, but managed to stage an equally dramatic recovery, regaining two-thirds of its losses by the end of the day.
8. 2011 DEBT CRISIS
Date: August 8
Country: Global
Spooked by the news of Standard & Poor’s downgrading the US’s credit rating and the debt crisis in Europe, stock markets across the world dropped – the Korea Composite Stock Price Index plunged 7.4 per cent; Nikkei hit a five-month low; the New Zealand and Australian stock markets fell by around two per cent; the FTSE 100 fell 178 points, erasing £46.3 billion from Britain’s biggest companies and the Greek stock market hit a 14-year low.
From Black Monday to Black Tuesday, Gulf Business tracks the stock market plunges that rattled history.
1. CRASH OF 1929
Date: October 28 and 29
Country: US
Named one of the key factors in triggering the Great Depression, the stock market crash in 1929 burst the economic bubble that the US witnessed during the twenties.
On October 28, dubbed Black Monday, the Dow Jones Industrial Average fell 38 points to 260, a drop of 12.8 per cent. The following day, Black Tuesday, the index dropped 30 points to close at 230. Across the two days, the Dow fell 23 per cent.
Following the crash, banks failed, unemployment soared and the US entered the Great Depression, which lasted until the late-1930s.
2. CRASH OF 1987
Date: October 19
Country: US / Global
Known as Black Monday, the crash of 1987 saw the Dow stock index dropping 508.32 points, losing 22.6 per cent of its value and wiping out $500 billion in one day.
The crash occurred after an avalanche of sell orders hit the market and although many feared that it would trigger another Great Depression, the market managed to stabilise and gradually returned to normal.
3. SEPTEMBER 2001 TERRORISM ATTACK
Date: September 17
Country: US
The financial markets remained closed for a week after the September 11 terrorism attacks in the US, but on the first day of trading, on September 17, the New York Stock Exchange fell 684 points, a 7.1 per cent decline. During the next one week, the Dow dropped almost 14 per cent, while the Standard and Poor’s index lost 11.6 per cent. Overall, up to $1.4 trillion in value is estimated to have been erased during those five days.
4. 2007 CHINA COLLAPSE
Date: February 27
Country: China / Global
The SSE Composite Index of the Shanghai Stock Exchange crashed nine per cent, its largest drop in 10 years, erasing about $140 billion of its value on February 27.
The drop in the Chinese index generated major drops in worldwide stock markets – Mexican stocks lost four per cent, the Dow fell 3.3 per cent, Japan’s Nikkei lost over three per cent and the London FTSE 100 dropped 1.85 per cent.
5. ASIAN FINANCIAL CRISIS
Date: October 23, 2007
Country: Hong Kong / Global
Following a collapse of economies across Asia including Thailand, Malaysia, Philippines and Indonesia, Hong Kong’s overheated Hang Seng index plunged 1,211.47 points, or 10.41 per cent on October 23, wiping away $29.3 billion from the stock market. The drop triggered crashes across the world, with the Nikkei closing down 3.03 per cent and the London FTSE falling 3.06 per cent.
The Dow also collapsed on October 27, declining 554.26 points or 7.18 per cent, to close at 7161.15.
6. GLOBAL FINANCIAL CRISIS
Date: September 29, 2008
Country: US / Global
The Dow slumped nearly 778 points (6.98 per cent), wiping out around $1.2 trillion in market value after the US government’s $700 billion bank bailout plan was rejected by the House of Representatives. The Standard & Poor’s 500 index also lost 8.8 per cent on the day.
A week later, on October 6, the financial crisis rattled markets around the world – the FTSE-100 index dropped by 391.06 points or 7.9 per cent and the Nikkei fell 554.76 points or 5.3 per cent within 30 minutes from the opening bell.
7. FLASH CRASH
Date: May 6, 2010
Country: US
On May 6, 2010, soon after 2.00pm in the afternoon, the Dow suddenly plunged close to 1000 points, (nine per cent) in 30 minutes, but managed to stage an equally dramatic recovery, regaining two-thirds of its losses by the end of the day.
8. 2011 DEBT CRISIS
Date: August 8
Country: Global
Spooked by the news of Standard & Poor’s downgrading the US’s credit rating and the debt crisis in Europe, stock markets across the world dropped – the Korea Composite Stock Price Index plunged 7.4 per cent; Nikkei hit a five-month low; the New Zealand and Australian stock markets fell by around two per cent; the FTSE 100 fell 178 points, erasing £46.3 billion from Britain’s biggest companies and the Greek stock market hit a 14-year low.
Source: http://gulfbusiness.com/
Quote for the day
“That's been one of my mantras — focus and simplicity. Simple can be harder than complex: You have to work hard to get your thinking clean to make it simple. But it's worth it in the end because once you get there, you can move mountains.” - Steve Jobs
Wednesday, 25 March 2015
Quote for the day
“There are times when money can be made investing and speculating in stocks, but money cannot consistently be made trading every day or every week during the year. Only the foolhardy will try it. It is just not in the cards and cannot be done.” - Jesse Livermore
Tuesday, 24 March 2015
24-Mar-2015 CSE Trade Summary
52 week high and low prices reached in today's trading session
24/03/2015 - Top 10 Contributors to Change ASPI
Top 10 Gainer / Loser / Turnover / Volume for the day
Top 10 Foreign Activity for the Day
Quote for the day
“Impossible is just a big word thrown around by small people who find it easier to live in a world that was given to them than to explore the power they have to change it.” - Muhammad Ali
Monday, 23 March 2015
Quote for the day
“Don’t join an easy crowd. Go where the expectations and the demands to perform and achieve are high.” – Jim Rohn
Sunday, 22 March 2015
Biggest Workplace Time Wasters
To find out how you compare to the average worker in terms of socializing, social networking, surfing the net, job hunting, dealing with personal distractions and more while on the clock, take a look at this “Biggest Workplace Time Wasters” infographic:
Source: http://www.visualistan.com/
Quote for the day
“Once you have mastered time, you will understand how true it is that most people overestimate what they can accomplish in a year – and underestimate what they can achieve in a decade.” - Tony Robbins
Saturday, 21 March 2015
Multiple Intelligence - Discover Your Type of Intelligence
By Kevin Peter
What is Intelligence?
The word “Intelligence” has got a number of definitions. But if simply said it is the ability to learn about, learn from, understand, and interact with one’s environment. The word environment here has got a wider meaning that includes a person’s immediate surroundings like the family, the workplace, or a classroom, including the people around him or her.
About twenty five years ago, Dr. Howard Gardner, a leading developmental psychologist of our times came up with a new theory about intelligence. According to him every one of us is strong in at least one kind of intelligence. He even proposed that human beings were much more complex than what could be revealed in an IQ test or any other standardized testing model. This theory put forward by him is called the theory of Multiple Intelligence.
According to the theory of multiple intelligence, all human beings have nine different kinds of intelligences. Eight among them are established and accepted by experts all over the world. Earlier it was believed that intelligence was a single entity that was inherited. But now it is believed that there exists a multitude of intelligences that are quite independent of each other.
Introduction to Types of Intelligences
The illustrations below will give you a complete idea of the nine types of intelligences. The ninth type is called ‘moral’ or ‘existential’ intelligence. Researchers are still to establish it as a type of intelligence.
1) Linguistic Intelligence
Linguistic intelligence is the capacity to learn and use languages. It allows us to understand the order and meaning of words and to express what's on your mind and to understand other people. It helps us to express ourselves verbally, to understand others and to read and write well. Those possessing this kind of intelligence enjoy writing, reading, telling stories or doing crossword puzzles. Writers, poets, lawyers and public speakers include in this group.
2) Logical- mathematical intelligence
Logical- mathematical intelligence is the ability to use numbers and to think analytically and to reason. It helps us to solve problems and puzzles. A person strong in this area often enjoys solving mysteries, reading about scientific discoveries and figuring out how things work. They are generally good with computers and a variety of other gadgets. This type of intelligence is well developed in mathematicians, scientists, and detectives.
3) Spatial Intelligence
Spatial intelligence is the ability to understand visual stimuli. I.e. think in three dimensions. This helps in understanding and creating art. People who are strong in this type of intelligence are good at pictures and images or in science. They may be even good at putting puzzles together. This is exhibited by Sailors, pilots, sculptors, painters, and architects.
4) Bodily-Kinesthetic Intelligence
Bodily kinesthetic intelligence is the capacity to use the body effectively in self expression as in dancing, sports and self-defense. It involves a sense of timing and the perfection of skills through mind–body union. People having this type of intelligence often talk with their hands, like to build things, have great balance and are good at a variety of sports.
5) Musical Intelligence
Musical intelligence is the ability to distinguish sounds, make melodies, respond to and create rhythms and beats. People who have strong musical intelligence, often read music, remember old songs, notice patterns, can naturally figure out how to play a tune on an instrument and are usually quite aware of sounds others may miss.
6) Interpersonal Intelligence
Interpersonal intelligence is the ability to effectively communicate, understand, empathize with and deal with others. They have a special ability to understand other people, hate injustice and are good listeners. This type of ability is very necessary for teachers, clinicians, salespersons, politicians or anybody who deals with other people.
7) Intrapersonal Intelligence
Intrapersonal intelligence is the capacity for self awareness. I.e. they are good at analyzing things and are highly aware of their strengths, weaknesses, moods, intentions and desires. This type of intelligence is evident in psychologist, spiritual leaders, and philosophers. Those possessing this intelligence usually keep a journal and think deeply about life.
8) Naturalistic Intelligence
Naturalistic intelligence is the ability to recognize and classify plants, animals and things in nature and the capacity to feel connected to nature. The people who possess this intelligence are good at understanding nature, categorizing and collecting things and enjoy studying about nature. Such people love wilderness and also like to read a lot about nature.
9) Existential Intelligence
Existential intelligence is the ability to tackle deep questions about life, meaning of life, death and ultimate realities.
Now let’s discuss about another kind of intelligence that doesn't come under Howard’s list of multiple intelligence. It is “Business Intelligence”.
What is Business Intelligence?
The tools and systems that play an important role in the strategic planning process of a corporation are generally termed as business intelligence. The decision making process is aided through this system that allows gathering, storing, accessing and analyzing of corporate data. The traditional business intelligence systems were delivered through host terminals or paper reports. But the modern use of business intelligence application is over the web. Business intelligence applications that are well designed would help anyone in the company to make better decisions easily.
Most of the schools are set up to accommodate those students who learn easily by reading and listening, but they often ignore students who have other forms of intelligence and other learning styles. Students are not same and each one possesses different kind of intelligence. It does not mean that you lack intelligence, just because you don’t do well in one kind of intelligence. The educational system must provide the kind of instruction that work for the particular learning style of each individual.
Intelligence is divided into nine types and all of them are included in the hub . But finding out the strongest intelligence in each person can do a lot of benefits for the person. This knowledge will help a person to improve his or her abilities in school as well as career. The hub will help you find out the strongest intelligence in you.
What is Intelligence?
The word “Intelligence” has got a number of definitions. But if simply said it is the ability to learn about, learn from, understand, and interact with one’s environment. The word environment here has got a wider meaning that includes a person’s immediate surroundings like the family, the workplace, or a classroom, including the people around him or her.
About twenty five years ago, Dr. Howard Gardner, a leading developmental psychologist of our times came up with a new theory about intelligence. According to him every one of us is strong in at least one kind of intelligence. He even proposed that human beings were much more complex than what could be revealed in an IQ test or any other standardized testing model. This theory put forward by him is called the theory of Multiple Intelligence.
According to the theory of multiple intelligence, all human beings have nine different kinds of intelligences. Eight among them are established and accepted by experts all over the world. Earlier it was believed that intelligence was a single entity that was inherited. But now it is believed that there exists a multitude of intelligences that are quite independent of each other.
Introduction to Types of Intelligences
The illustrations below will give you a complete idea of the nine types of intelligences. The ninth type is called ‘moral’ or ‘existential’ intelligence. Researchers are still to establish it as a type of intelligence.
1) Linguistic Intelligence
Linguistic intelligence is the capacity to learn and use languages. It allows us to understand the order and meaning of words and to express what's on your mind and to understand other people. It helps us to express ourselves verbally, to understand others and to read and write well. Those possessing this kind of intelligence enjoy writing, reading, telling stories or doing crossword puzzles. Writers, poets, lawyers and public speakers include in this group.
2) Logical- mathematical intelligence
Logical- mathematical intelligence is the ability to use numbers and to think analytically and to reason. It helps us to solve problems and puzzles. A person strong in this area often enjoys solving mysteries, reading about scientific discoveries and figuring out how things work. They are generally good with computers and a variety of other gadgets. This type of intelligence is well developed in mathematicians, scientists, and detectives.
3) Spatial Intelligence
Spatial intelligence is the ability to understand visual stimuli. I.e. think in three dimensions. This helps in understanding and creating art. People who are strong in this type of intelligence are good at pictures and images or in science. They may be even good at putting puzzles together. This is exhibited by Sailors, pilots, sculptors, painters, and architects.
4) Bodily-Kinesthetic Intelligence
Bodily kinesthetic intelligence is the capacity to use the body effectively in self expression as in dancing, sports and self-defense. It involves a sense of timing and the perfection of skills through mind–body union. People having this type of intelligence often talk with their hands, like to build things, have great balance and are good at a variety of sports.
5) Musical Intelligence
Musical intelligence is the ability to distinguish sounds, make melodies, respond to and create rhythms and beats. People who have strong musical intelligence, often read music, remember old songs, notice patterns, can naturally figure out how to play a tune on an instrument and are usually quite aware of sounds others may miss.
6) Interpersonal Intelligence
Interpersonal intelligence is the ability to effectively communicate, understand, empathize with and deal with others. They have a special ability to understand other people, hate injustice and are good listeners. This type of ability is very necessary for teachers, clinicians, salespersons, politicians or anybody who deals with other people.
7) Intrapersonal Intelligence
Intrapersonal intelligence is the capacity for self awareness. I.e. they are good at analyzing things and are highly aware of their strengths, weaknesses, moods, intentions and desires. This type of intelligence is evident in psychologist, spiritual leaders, and philosophers. Those possessing this intelligence usually keep a journal and think deeply about life.
8) Naturalistic Intelligence
Naturalistic intelligence is the ability to recognize and classify plants, animals and things in nature and the capacity to feel connected to nature. The people who possess this intelligence are good at understanding nature, categorizing and collecting things and enjoy studying about nature. Such people love wilderness and also like to read a lot about nature.
9) Existential Intelligence
Existential intelligence is the ability to tackle deep questions about life, meaning of life, death and ultimate realities.
Now let’s discuss about another kind of intelligence that doesn't come under Howard’s list of multiple intelligence. It is “Business Intelligence”.
The tools and systems that play an important role in the strategic planning process of a corporation are generally termed as business intelligence. The decision making process is aided through this system that allows gathering, storing, accessing and analyzing of corporate data. The traditional business intelligence systems were delivered through host terminals or paper reports. But the modern use of business intelligence application is over the web. Business intelligence applications that are well designed would help anyone in the company to make better decisions easily.
Most of the schools are set up to accommodate those students who learn easily by reading and listening, but they often ignore students who have other forms of intelligence and other learning styles. Students are not same and each one possesses different kind of intelligence. It does not mean that you lack intelligence, just because you don’t do well in one kind of intelligence. The educational system must provide the kind of instruction that work for the particular learning style of each individual.
Intelligence is divided into nine types and all of them are included in the hub . But finding out the strongest intelligence in each person can do a lot of benefits for the person. This knowledge will help a person to improve his or her abilities in school as well as career. The hub will help you find out the strongest intelligence in you.
Source: http://kevin-peter.hubpages.com/
Quote for the day
“The ultimate result of shielding men from the effects of folly is to fill the world with fools.” - Herbert Spencer
Friday, 20 March 2015
Quote for the day
“People who doubt the existence of inefficient markets and the ability to profit from them may disagree with me. But if you think you're operating in an inefficient market like I try to do, a lot can be accomplished by getting great people, developing an effective investment approach, hunting for misvaluations, keeping psychology under control, and understanding where you are in the cycle. I am not saying that everyone should try this.” - Howard Marks
Thursday, 19 March 2015
Quote for the day
“Suckers think that you cure greed with money, addiction with substance, expert problems with experts, banking with bankers, economics with economists, and debt crises with debt spending.”- Nassim Taleb
Wednesday, 18 March 2015
Quote for the day
“Faced with the choice between changing one’s mind and proving that there is no need to do so, almost everyone gets busy on the proof.” - John Kenneth Galbraith
Tuesday, 17 March 2015
Quote for the day
“We have many complaints that institutional dominance of the stock market has put the small investor at a disadvantage because he can't compete with the trust companies' huge resources, etc. The facts are quite the opposite... I am convinced that an individual investor, with sound principles and soundly advised, can do distinctly better over the long pull than a large institution. Where the trust company may have to confine its operations to 300 concerns or less, the individual has up to 3,000 issues for his investigations and choice. Many true bargains are not available in large blocks; by this very fact the institutions are well-nigh eliminated as competitors of the bargain hunter.” - Benjamin Graham, 1974
Monday, 16 March 2015
Quote for the day
“Once you put a smart person on the right theoretical path... once you show him or her how to see the world in a new light, one that illuminates and makes clear behaviors and decisions that were formerly shrouded in myth or custom... well, there's just no end to what's possible.”- Ben Hunt
Sunday, 15 March 2015
Quote for the day
“We cannot grow without challenge. Challenges routinely produce crises that severely test us. However, crises also offer us the greatest opportunities.” - Steven Callahan
Saturday, 14 March 2015
My 20 Trading Truths
By Steve Burns
I have been fortunate to get the opportunity to participate in some great stock market environments over the past 20 years.
I started in the early nineties building capital and letting it compound. I started as an investor in mutual funds, moved to individual stocks, then high growth stocks and trading price action, swing trading, to trend following, and finally to equity options.
I was fortunate to be blessed with some parabolic bull markets in the late nineties and 2003-2007 that covered up much of my learning curve. I had a huge drawdown in trading capital from 2000-2002 but the lessons I learned there enabled me to sidestep any permanent losses in the 2008-2009 melt down.
I always had a big aversion to losses that really saved me from ever blowing up my first trading accounts like most new traders do because they lack an understanding of the risk of ruin. From the beginning I always cut losses short because I hated to lose money. I also had a natural appreciation for making money and let winning trades go as far as they would.
Much of the first money I made in the stock market was just luck. I was in the right market environment doing the right thing so the profits just happened. Much of the past ten years has been an effort to quantify everything I did to make money and transfer my luck into skill.
“Patience is power. Patience is not an absence of action; rather it is “timing” it waits on the right time to act, for the right principles and in the right way.” ― Fulton J. Sheen
Here are twenty things that I learned through actual trading that have dramatically helped me to be consistently profitable in my trading through skill.
1. You have to have passion for learning to trade; passion is the energy that you need to take you to your goals.
2. You have to have the perseverance to keep going after you want to give up. 90% of new traders quit when they were very frustrated while 100% of successful traders didn’t quit until they reached their goals
3. New traders spend too much time looking for what to trade instead of focusing on who they are as traders. You have to know who you are as trader first then you can start building your trading system.
4. Traders have to be able to manage their stress by trading inside their current comfort zone. Traders have to grow themselves and trade size step by step.
5. The vast majority of new traders fail simply because they did not do their homework before they started trading.
6. A trader has to build a trading system that matches their own personality and risk tolerance levels.
7. A trader that chooses to be master a specific type of trading method or trading vehicles has a much better chance of success than the traders that just dabble in many different things and never make much progress.
8. A trader has to write a good trading plan while the market is closed to guide their trading while the market is open.
9. A trading plan has to be followed with discipline to have a chance at success.
10. A trader has to manage their behavior by acting consistently with their own rules.
11. “The answer to what’s the trend? Is the question “What’s your timeframe?” – Richard Weissman. All traders are simply trying to capture trends in their own time frame.
12. Never risk losing more than 1% of your trading capital on any one trade. Once you lose 1% of your capital you should exit the trade.
13. Be very aware of how much risk your total account is exposed to at any one time through position sizing and volatility.
14. Set your stop losses far enough away from your entry point to avoid regular noise and fluctuations. Find your stop level first, and then position size accordingly.
15. A trading plan has to be followed with discipline to have a chance at success.
16. The money I have made in the stock market was made through following the chart and the trend not from some prediction or opinion.
17. My biggest trading losses came from hoping, stubbornness, and bias.
18. My best trading has happened when I was the most open minded simply trying to answer the question: “What is the chart telling me to do now?”
19. If you have to ask others for their opinions about your trade you should not be trading you should still be in the process of study and writing your trading plan.
20. “If you diversify, go with the trend, and manage your risk, then it just has to work.” – Larry Hite
I have been fortunate to get the opportunity to participate in some great stock market environments over the past 20 years.
I started in the early nineties building capital and letting it compound. I started as an investor in mutual funds, moved to individual stocks, then high growth stocks and trading price action, swing trading, to trend following, and finally to equity options.
I was fortunate to be blessed with some parabolic bull markets in the late nineties and 2003-2007 that covered up much of my learning curve. I had a huge drawdown in trading capital from 2000-2002 but the lessons I learned there enabled me to sidestep any permanent losses in the 2008-2009 melt down.
I always had a big aversion to losses that really saved me from ever blowing up my first trading accounts like most new traders do because they lack an understanding of the risk of ruin. From the beginning I always cut losses short because I hated to lose money. I also had a natural appreciation for making money and let winning trades go as far as they would.
Much of the first money I made in the stock market was just luck. I was in the right market environment doing the right thing so the profits just happened. Much of the past ten years has been an effort to quantify everything I did to make money and transfer my luck into skill.
“Patience is power. Patience is not an absence of action; rather it is “timing” it waits on the right time to act, for the right principles and in the right way.” ― Fulton J. Sheen
Here are twenty things that I learned through actual trading that have dramatically helped me to be consistently profitable in my trading through skill.
1. You have to have passion for learning to trade; passion is the energy that you need to take you to your goals.
2. You have to have the perseverance to keep going after you want to give up. 90% of new traders quit when they were very frustrated while 100% of successful traders didn’t quit until they reached their goals
3. New traders spend too much time looking for what to trade instead of focusing on who they are as traders. You have to know who you are as trader first then you can start building your trading system.
4. Traders have to be able to manage their stress by trading inside their current comfort zone. Traders have to grow themselves and trade size step by step.
5. The vast majority of new traders fail simply because they did not do their homework before they started trading.
6. A trader has to build a trading system that matches their own personality and risk tolerance levels.
7. A trader that chooses to be master a specific type of trading method or trading vehicles has a much better chance of success than the traders that just dabble in many different things and never make much progress.
8. A trader has to write a good trading plan while the market is closed to guide their trading while the market is open.
9. A trading plan has to be followed with discipline to have a chance at success.
10. A trader has to manage their behavior by acting consistently with their own rules.
11. “The answer to what’s the trend? Is the question “What’s your timeframe?” – Richard Weissman. All traders are simply trying to capture trends in their own time frame.
12. Never risk losing more than 1% of your trading capital on any one trade. Once you lose 1% of your capital you should exit the trade.
13. Be very aware of how much risk your total account is exposed to at any one time through position sizing and volatility.
14. Set your stop losses far enough away from your entry point to avoid regular noise and fluctuations. Find your stop level first, and then position size accordingly.
15. A trading plan has to be followed with discipline to have a chance at success.
16. The money I have made in the stock market was made through following the chart and the trend not from some prediction or opinion.
17. My biggest trading losses came from hoping, stubbornness, and bias.
18. My best trading has happened when I was the most open minded simply trying to answer the question: “What is the chart telling me to do now?”
19. If you have to ask others for their opinions about your trade you should not be trading you should still be in the process of study and writing your trading plan.
20. “If you diversify, go with the trend, and manage your risk, then it just has to work.” – Larry Hite
Source: www.newtraderu.com
Quote for the day
“Patience is power. Patience is not an absence of action; rather it is “timing” it waits on the right time to act, for the right principles and in the right way.” - Fulton J. Sheen
Friday, 13 March 2015
Quote for the day
“There's no reason to take substantial amounts of financial risk ever, because you should always be able to find something where you can skew the reward risk relationship so greatly in your favour that you can take a variety of small investments with great reward risk opportunities that should give you minimum draw-down pain and maximum upside opportunities.” - Paul Tudor Jones
Thursday, 12 March 2015
15 reasons Warren Buffett is $72 billion richer than you, in one chart
By Stephen Gandel , Analee Kasudia
If you've always wanted to know who Warren Buffett is and how he got so rich, this was the week for you!
What has made Buffett the most successful investor of all time? Many things.
If you've always wanted to know who Warren Buffett is and how he got so rich, this was the week for you!
Quote for the day
“A common mistake is to think of the market as a personal nemesis. The market, of course, is totally impersonal; it doesn't care whether you make money or not.” - Bruce Kovner
Wednesday, 11 March 2015
Quote for the day
“In the long run, painful losses may prove much more valuable than wins — those who are armed with a healthy attitude and are able to draw wisdom from every experience, 'good' or 'bad', are the ones who make it down the road. They are also the ones who are happier along the way. Of course the real challenge is to stay in range of this long-term perspective when you are under fire and hurting in the middle of the war. This, maybe our biggest hurdle, is at the core of the art of learning.” - The Art of Learning
Tuesday, 10 March 2015
Quote for the day
“Typically bubbles have an asymmetric shape. The boom is long and slow to start. It accelerates gradually until it flattens out again during the twilight period. The bust is short and steep because it involves the forced liquidation of unsound positions. Disillusionment turns into panic, reaching its climax in a financial crisis.” - George Soros
Monday, 9 March 2015
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