Monday, 29 February 2016
Quote for the day
"The greatest weapon against stress is our ability to choose one thought over another." - William James
Sunday, 28 February 2016
Quote for the day
"Accept what is, let go of what was, and have faith in what will be." - Sonia Ricotti
Saturday, 27 February 2016
18 Life Changing Lessons to Learn from Socrates
By Luminita D.Saviuc
If I have learned something from Socrates is that you cannot teach people anything; you can only make them think. You can only draw out of them the wisdom which is latent within them. And by doing so, you help open their eyes, making them realize that they were born with wings and that they can fly, as high as they want to fly…
Anyway, I gathered what I thought to be some of Socrates best quotes and compiled them into 18 life changing lessons that you might want to learn.
1. True wisdom is in knowing you know nothing.
“I am the wisest man alive, for I know one thing, and that is that I know nothing.” ~ Socrates
“To know, is to know that you know nothing. That is the meaning of true knowledge.” ~ Socrates
“I know that I am intelligent, because I know that I know nothing.” ~ Socrates
“True wisdom comes to each of us when we realize how little we understand about life, ourselves, and the world around us.” ~ Socrates
2. Be as you wish to seem.
“The shortest and surest way to live with honour in the world, is to be in reality what we would appear to be; and if we observe, we shall find, that all human virtues increase and strengthen themselves by the practice of them.” ~ Socrates
3. Nothing changes until you do.
“Let him that would move the world first move himself.” ~ Socrates
“Remember that there is nothing stable in human affairs; therefore avoid undue elation in prosperity, or undue depression in adversity.” ~ Socrates
4. Virtue is not given by money, but that from virtue comes money and every other good of man, public as well as private.
“I do nothing but go about persuading you all, old and young alike, not to take thought for your persons or your properties, but and chiefly to care about the greatest improvement of the soul. I tell you that virtue is not given by money, but that from virtue comes money and every other good of man, public as well as private. This is my teaching, and if this is the doctrine which corrupts the youth, I am a mischievous person.” ~ Socrates
5. Employ your time in improving yourself by other men’s writings.
“Employ your time in improving yourself by other men’s writings so that you shall gain easily what others have laboured hard for.” ~ Socrates
6. Those who realize that they have enough, are truly rich.
“He is richest who is content with the least, for content is the wealth of nature.” ~ Socrates
“Contentment is natural wealth, luxury is artificial poverty.” ~ Socrates
7. Thou shouldst eat to live; not live to eat.
“Worthless people live only to eat and drink; people of worth eat and drink only to live.” ~ Socrates
8. Not life, but good life, is to be chiefly valued.
“The unexamined life is not worth living.” ~ Socrates
“The really important thing is not to live, but to live well. And to live well meant, along with more enjoyable things in life, to live according to your principles.” ~ Socrates
9. Everything in life changes, nothing ever stays the same.
“If you don’t get what you want, you suffer; if you get what you don’t want, you suffer; even when you get exactly what you want, you still suffer because you can’t hold on to it forever. Your mind is your predicament. It wants to be free of change. Free of pain, free of the obligations of life and death. But change is law and no amount of pretending will alter that reality.” ~ Socrates
10. Being busy is not enough. It’s what are you busy with that counts.
“Beware the barrenness of a busy life.” ~ Socrates
11. God knows best what is good for us.
“Our prayers should be for blessings in general, for God knows best what is good for us.” ~ Socrates
12. Don’t confine yourself to certain parts of the world, explore it all.
“I am not an Athenian or a Greek, but a citizen of the world.” ~ Socrates
14. Don’t rush into friendships.
“Be slow to fall into friendship, but when you are in, continue firm and constant.” ― Socrates
15. Be impeccable with your word.
“False words are not only evil in themselves, but they infect the soul with evil.” ~ Socrates
16. Never return evil for evil. You will hurt yourself in the process.
“One who is injured ought not to return the injury, for on no account can it be right to do an injustice; and it is not right to return an injury, or to do evil to any man, however much we have suffered from him.” ~ Socrates
“The end of life is to be like God, and the soul following God will be like Him.” ~ Socrates
18. Never stop wondering.
“Wonder is the beginning of wisdom.” ~ Socrates
BONUS
“The easiest and noblest way is not to be crushing others, but to be improving yourselves. ” ~ Socrates
“No man has the right to be an amateur in the matter of physical training. It is a shame for a man to grow old without seeing the beauty and strength of which his body is capable.” ~ Socrates
“If you want to be a good saddler, saddle the worst horse; for if you can tame one, you can tame all.” ~ Socrates
“In all of us, even in good men, there is a lawless wild-beast nature, which peers out in sleep.” ~ Socrates
Source: http://www.purposefairy.com/
If I have learned something from Socrates is that you cannot teach people anything; you can only make them think. You can only draw out of them the wisdom which is latent within them. And by doing so, you help open their eyes, making them realize that they were born with wings and that they can fly, as high as they want to fly…
Anyway, I gathered what I thought to be some of Socrates best quotes and compiled them into 18 life changing lessons that you might want to learn.
Here they are:
1. True wisdom is in knowing you know nothing.
“I am the wisest man alive, for I know one thing, and that is that I know nothing.” ~ Socrates
“To know, is to know that you know nothing. That is the meaning of true knowledge.” ~ Socrates
“I know that I am intelligent, because I know that I know nothing.” ~ Socrates
“True wisdom comes to each of us when we realize how little we understand about life, ourselves, and the world around us.” ~ Socrates
2. Be as you wish to seem.
“The shortest and surest way to live with honour in the world, is to be in reality what we would appear to be; and if we observe, we shall find, that all human virtues increase and strengthen themselves by the practice of them.” ~ Socrates
3. Nothing changes until you do.
“Let him that would move the world first move himself.” ~ Socrates
“Remember that there is nothing stable in human affairs; therefore avoid undue elation in prosperity, or undue depression in adversity.” ~ Socrates
4. Virtue is not given by money, but that from virtue comes money and every other good of man, public as well as private.
“I do nothing but go about persuading you all, old and young alike, not to take thought for your persons or your properties, but and chiefly to care about the greatest improvement of the soul. I tell you that virtue is not given by money, but that from virtue comes money and every other good of man, public as well as private. This is my teaching, and if this is the doctrine which corrupts the youth, I am a mischievous person.” ~ Socrates
5. Employ your time in improving yourself by other men’s writings.
“Employ your time in improving yourself by other men’s writings so that you shall gain easily what others have laboured hard for.” ~ Socrates
6. Those who realize that they have enough, are truly rich.
“He is richest who is content with the least, for content is the wealth of nature.” ~ Socrates
“Contentment is natural wealth, luxury is artificial poverty.” ~ Socrates
7. Thou shouldst eat to live; not live to eat.
“Worthless people live only to eat and drink; people of worth eat and drink only to live.” ~ Socrates
8. Not life, but good life, is to be chiefly valued.
“The unexamined life is not worth living.” ~ Socrates
“The really important thing is not to live, but to live well. And to live well meant, along with more enjoyable things in life, to live according to your principles.” ~ Socrates
9. Everything in life changes, nothing ever stays the same.
“If you don’t get what you want, you suffer; if you get what you don’t want, you suffer; even when you get exactly what you want, you still suffer because you can’t hold on to it forever. Your mind is your predicament. It wants to be free of change. Free of pain, free of the obligations of life and death. But change is law and no amount of pretending will alter that reality.” ~ Socrates
10. Being busy is not enough. It’s what are you busy with that counts.
“Beware the barrenness of a busy life.” ~ Socrates
11. God knows best what is good for us.
“Our prayers should be for blessings in general, for God knows best what is good for us.” ~ Socrates
12. Don’t confine yourself to certain parts of the world, explore it all.
“I am not an Athenian or a Greek, but a citizen of the world.” ~ Socrates
13. Don’t let other people do your thinking for you.
“To find yourself, think for yourself.” ~ Socrates
“To find yourself, think for yourself.” ~ Socrates
14. Don’t rush into friendships.
“Be slow to fall into friendship, but when you are in, continue firm and constant.” ― Socrates
15. Be impeccable with your word.
“False words are not only evil in themselves, but they infect the soul with evil.” ~ Socrates
16. Never return evil for evil. You will hurt yourself in the process.
“One who is injured ought not to return the injury, for on no account can it be right to do an injustice; and it is not right to return an injury, or to do evil to any man, however much we have suffered from him.” ~ Socrates
“The end of life is to be like God, and the soul following God will be like Him.” ~ Socrates
17. All men’s souls are immortal.
“All men’s souls are immortal, but the souls of the righteous are immortal and divine.” ~ Socrates
“All men’s souls are immortal, but the souls of the righteous are immortal and divine.” ~ Socrates
18. Never stop wondering.
“Wonder is the beginning of wisdom.” ~ Socrates
BONUS
“The easiest and noblest way is not to be crushing others, but to be improving yourselves. ” ~ Socrates
“No man has the right to be an amateur in the matter of physical training. It is a shame for a man to grow old without seeing the beauty and strength of which his body is capable.” ~ Socrates
“If you want to be a good saddler, saddle the worst horse; for if you can tame one, you can tame all.” ~ Socrates
“In all of us, even in good men, there is a lawless wild-beast nature, which peers out in sleep.” ~ Socrates
Source: http://www.purposefairy.com/
Quote for the day
“A trading philosophy is something that cannot just be transferred from one person to another, it's something that you have to acquire yourself through time and effort.” - Richard Driehaus
Friday, 26 February 2016
Quote for the day
"Wisdom equals knowledge plus courage. You have to not only know what to do and when to do it, but you have to also be brave enough to follow through." - Jarod Kintz
Thursday, 25 February 2016
Quote for the day
“Market students are continually diverted from making true evaluations of securities and commodities because they study the statistics made by prices instead of the psychology of prices.” - Burton Pugh
Wednesday, 24 February 2016
Quote for the day
“For true success ask yourself these four questions: Why? Why not? Why not me? Why not now?”– James Allen
Tuesday, 23 February 2016
Quote for the day
"I believe success is defined by the lives we touch. Success can be measured by the impact we make toward building a better world, and doing our part to inspire those around us to achieve greatness." - Lisa Besserman,
Monday, 22 February 2016
Quote for the day
“From financial history and from my own experience, I long ago concluded that regression to the mean is the most powerful law in financial physics: Periods of above-average performance are inevitably followed by below-average returns, and bad times inevitably set the stage for surprisingly good performance.” – Jason Zwieg
Sunday, 21 February 2016
Quote for the day
“The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.” – Warren Buffett
Saturday, 20 February 2016
Quote for the day
“Even the intelligent investor is likely to need considerable will power to keep from following the crowd.” – Benjamin Graham
Friday, 19 February 2016
Quote for the day
“When you think about the quality of people's lives, it starts with what meaning we give things. Two people can have the same exact experience, and one person thinks the game is over while one thinks the game has begun. And that is the thing that makes a difference... it's not what happens to them as we all know.” - Tony Robbins
Thursday, 18 February 2016
Quote for the day
“It's very hard to find a pure fundamentalist who's also a very successful macro trader.” - Paul Tudor Jones
Wednesday, 17 February 2016
Quote for the day
“The truly big investment idea can usually be explained in a short paragraph.” - Warren Buffett
Tuesday, 16 February 2016
Quote for the day
“We are in the business of making mistakes. The only difference between the winners and the losers is that the winners make small mistakes, while the losers make big mistakes.” - Ned Davis
Monday, 15 February 2016
Quote for the day
“Let our advance worrying become advance thinking and planning.” - Winston Churchill
Sunday, 14 February 2016
Saturday, 13 February 2016
15 Things to Give Up If You Want to Be Happy
1. Give up your need to always be right.
"Would I rather be right, or would I rather be kind?" — Wayne Dyer
2. Give up your need for control.
"By letting it go, it all gets done. The world is won by those who let it go. When you try & try, the world is beyond winning." — Lao Tzu
3. Give up on blaming others.
"A man can fail many times, but he isn’t a failure until he begins to blame somebody else." — John Burroughs
4. Give up your self-defeating self-talk.
"The mind is a superb instrument if used rightly. Used wrongly, however, it becomes very destructive." — Eckhart Tolle
5. Give up your limiting beliefs.
"A belief is not an idea held by the mind; it is an idea that holds the mind." — Elly Roselle
6. Give up complaining.
"You can complain because roses have thorns, or you can rejoice because thorns have roses." — Ziggy
7. Give up the luxury of criticism.
"Spend so much time improving yourself that you have no time left to criticize others." — Christian D. Larsen
8. Give up your need to impress others.
"Don’t try to impress others. Let them have the fun of impressing you." — James R. Fisher, Jr.
9. Give up your resistance to change.
"Follow your bliss and the universe will open doors for you where there were only walls." — Joseph Campbell
10. Give up labels.
"The highest form of ignorance is when you reject something you don’t know anything about." — Wayne Dyer
11. Give up on your fears.
"The only thing we have to fear is fear itself." — Franklin Delano Roosevelt
12. Give up your excuses.
"99% of failures come from people who have the habit of making excuses." — George Washington Carver
13. Give up the past.
"Forget the mistakes of the past and press on to the greater achievements of the future." — Christian D. Larsen
14. Give up attachment.
"The wise individual doesn't get too attached to any of life's pleasures, knowing that wonderful science is hard at work proving it’s bad for him." — Bill Vaughan
15. Give up living your life to other people’s expectations.
"The world is a mirror and reflects back your expectations. What you get is what you see. You create your own reality." — Denis Waitley
Source: http://infographicaday.com/
Source: http://infographicaday.com/
Friday, 12 February 2016
Global Gold Demand Trend In 2015
The World Gold Council today (11/02/2016) releases its Gold Demand Trends Full Year 2015 report, which is the leading industry resource for data and opinion on global gold demand. Our quarterly publication examines demand trends by sector as well as geography. The Full Year report looks at patterns of demand for the fourth quarter of 2015, as well as across the entire year.
The key findings from 2015 are as follows:
In addition, below you can see the GDT FY 2015 infographic, summarizing the report’s key findings.
The key findings from 2015 are as follows:
- Global gold demand in 2015 was virtually flat compared to 2014 at 4,212 tonnes. Gold demand in Q4 showed further positive signs, following a strong third quarter. In India both the investment (60t) and jewellery (173t) sectors were up 6%, boosted by the festival season. In China, which has witnessed economic turmoil, consumer uncertainty and currency weakness, gold demand held up well, particularly in the investment sector up 25% to 48t for the quarter.
- Global investment demand for the full year 2015 grew by 8% to 878t from 815t in 2014. Bar and coin demand remained steady in 2015 as investors took advantage of a weaker price in Q3. The ETF market saw a slowdown in outflows: 133t in 2015, compared to 185t in 2014. Q4 2015 witnessed a continuation of this trend with a number of key regions experiencing double digit growth.
- Overall jewellery demand for the full year 2015 was down 3% to 2,415t from 2,481t in the previous year. Following a slower start to the year, the third and fourth quarters combined produced the strongest second half-year total for gold jewellery in 11 years. Q4 2015, saw steady levels of jewellery demand, at 671t compared to 677t in the same period last year, with retailers reporting an increase in sales around the Indian festival period.
- Central Bank demand for the full year 2015 saw a small uptick from 584t in 2014 to 588t in 2015 as the need for further diversification was reinforced by a tumbling oil price and reduced confidence in the global economy. Demand in Q4 continued to be strong, up 25% to 167t from 134t in Q4 2014, making this the 20thconsecutive quarter of net purchasing.
In addition, below you can see the GDT FY 2015 infographic, summarizing the report’s key findings.
Source: http://www.valuewalk.com/
Quote for the day
“The secret of getting ahead is getting started. The secret of getting started is breaking your complex, overwhelming tasks into smaller manageable tasks, and then starting on the first one.” - Mark Twain
Thursday, 11 February 2016
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
Wednesday, 10 February 2016
Quote for the day
“I like to compare markets to natural events... markets are living, breathing organisms. You have to adjust with them and continually change your methods.” - Marty Schwartz
Tuesday, 9 February 2016
Monday, 8 February 2016
Quote for the day
"Walk with the dreamers, the believers, the courageous, the cheerful, the planners, the doers, the successful people with their heads in the clouds and their feet on the ground. Let their spirit ignite a fire within you to leave this world better than when you found it."
- Wilferd A. Peterson
- Wilferd A. Peterson
Sunday, 7 February 2016
The 12 Commandments of Success
Here are W. Randall Jones’s 12 Commandments of Wealth. They are really 12 rules for success.
They are worth teaching to your children and following yourself.
1. Never seek money for money’s sake.
2. Find your perfect pitch. Discover your talent.
3. Be your own boss.
4. Get addicted to ambition.
5. Be early. Show up on time.
6. Don’t just set goals. Execute them.
7. Failure is not fatal.
8. Location doesn’t matter.
9. Moor yourself to morals.
10. Say yes to sales.
11. Borrow from the best.
12. Never retire.
Excerpted from The Richest Man in Town By W. Randall Jones
They are worth teaching to your children and following yourself.
1. Never seek money for money’s sake.
2. Find your perfect pitch. Discover your talent.
3. Be your own boss.
4. Get addicted to ambition.
5. Be early. Show up on time.
6. Don’t just set goals. Execute them.
7. Failure is not fatal.
8. Location doesn’t matter.
9. Moor yourself to morals.
10. Say yes to sales.
11. Borrow from the best.
12. Never retire.
Excerpted from The Richest Man in Town By W. Randall Jones
Quote for the day
“You will run out of money before a guru runs out of indicators.” - Neil Weintraub
The 50 richest people on earth
By Samantha Lee/Business Insider
The wealthiest 50 people in the world control a staggering portion of the world economy: $1.46 trillion — more than the annual GDP of Australia, Spain, or Mexico.
That's according to new data provided to Business Insider by Wealth-X, which conducts research on the super-wealthy. Wealth-X maintains a database of dossiers on more than 110,000 ultra-high-net-worth people, using a proprietary valuation model that takes into account each person's assets, then adjusts estimated net worth to account for currency-exchange rates, local taxes, savings rates, investment performance, and other factors.
Its latest ranking of the world's billionaires found that 29 of the top 50 hail from the US and nearly a quarter made their fortunes in tech. To crack this list, you'd need to have a net worth of at least $14.3 billion. And for the most part these people weren't born with a silver spoon. More than two-thirds are completely self-made, having built some of the most powerful companies, including Amazon, Berkshire Hathaway, Google, Nike, and Oracle.
From tech moguls and retail giants to heirs and heiresses, here are the billionaires with the deepest pockets around the globe.
50. TIE: Aliko Dangote
Net worth: $14.3 billion
Age: 58
Country: Nigeria
Industry: Diversified investments
Source of wealth: Self-made; Dangote Group
The wealthiest 50 people in the world control a staggering portion of the world economy: $1.46 trillion — more than the annual GDP of Australia, Spain, or Mexico.
That's according to new data provided to Business Insider by Wealth-X, which conducts research on the super-wealthy. Wealth-X maintains a database of dossiers on more than 110,000 ultra-high-net-worth people, using a proprietary valuation model that takes into account each person's assets, then adjusts estimated net worth to account for currency-exchange rates, local taxes, savings rates, investment performance, and other factors.
Its latest ranking of the world's billionaires found that 29 of the top 50 hail from the US and nearly a quarter made their fortunes in tech. To crack this list, you'd need to have a net worth of at least $14.3 billion. And for the most part these people weren't born with a silver spoon. More than two-thirds are completely self-made, having built some of the most powerful companies, including Amazon, Berkshire Hathaway, Google, Nike, and Oracle.
From tech moguls and retail giants to heirs and heiresses, here are the billionaires with the deepest pockets around the globe.
50. TIE: Aliko Dangote
Net worth: $14.3 billion
Age: 58
Country: Nigeria
Industry: Diversified investments
Source of wealth: Self-made; Dangote Group
Saturday, 6 February 2016
Quote for the day
Friday, 5 February 2016
Quote for the day
"Success usually comes to those who are too busy to be looking for it." - Henry David Thoreau
Thursday, 4 February 2016
Quote for the day
“Inaction breeds doubt and fear. Action breeds confidence and courage. If you want to conquer fear, do not sit home and think about it. Go out and get busy.” - Dale Carnegie
Wednesday, 3 February 2016
Quote for the day
“When things are going well and prices are high, investors rush to buy, forgetting all prudence. Then when there’s chaos all around and assets are on the bargain counter, they lose all willingness to bear risk and rush to sell. And it will ever be so.” – Howard Marks
Tuesday, 2 February 2016
Quote for the day
“To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks.” – Benjamin Graham
Monday, 1 February 2016
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