Finding the Joy in Working (Part 2 of 3)
Work is a source of stress for most people, but some find work to be a source of joy. This post dives into some of the sources of joy that people derive from their work. Which ones resonate for you?
Akash Kanojia
Finding the Joy in Working (Part 1 of 3)
Work is stressful for most people, but it doesn't have to be. We can move from associating work with stress to associating it with joy by understanding the sources of both, and adopting a mindset that reinforces the work attitude we want to have.
A Look at Recession Indicators – 6 Aug 2024
With Friday’s soft jobs report and the subsequent selloff in stock markets, market pricing now implies over 150 basis points of cuts from the Federal Reserve over the coming year. The Fed would only cut rates that much if we see a significant slowdown in economic activity (I think
A Mindset that Doesn’t Serve You: Luck is Something that Happens to Me
Even though bad things happen to everyone, we harm ourselves when we default to seeing ourselves as victims of circumstance. The victim mindset robs us of agency. When we recognize that we never can lose total agency, we transform ourselves from victims to powerful agents of change.
Discipline and Working for Yourself
A salaried job provides fear of punishment as a powerful motivator to work. A self-employed person lacks this top-down, fear-based motivator. In the absence of fear, a person can tap into pride, excitement and anger as alternative fuel sources for action.
The Mentality of Creating Luck
Luck isn't entirely random. People who consistently get "lucky" have a mentality around putting themselves into situations where good things might happen to them, and being prepared to take advantage as those opportunities arise.
The Two Fears that Underlie Market Manias
This note is about the emotions that underlie market manias. I wrote it as a companion note to yesterday’s piece on the stock market.
Something about the human emotional experience changes when people gather into groups. Actions that people would never undertake alone (e.g., mob violence) suddenly become
The Stock Market is Overvalued: A Bond Market Perspective
U.S. stock markets are overvalued, with a duration of 75 at current levels. The refinancing cliff hasn't hit yet, which is likely to pressure earnings.
Lifting the Floor vs Raising the Ceiling
I had a conversation recently with a performance coach named Chris Doherty. Chris works with junior golfers to help them improve their game, some of whom have gone on to be D-I athletes and PGA tour players.
Chris said one thing to me that stood out to me in
Why It is Your Moral Duty to Charge More Money (Part 2)
In Part 1 of this post, I discussed how the feeling of financial insecurity can be mapped to simple math—a person who feels financially insecure does not have much of a cushion. For many people, the best way to increase your cushion is to bring in more money, and