Sunday, April 3, 2011

Enjoy Life NOW... It has an Expiration Date

Famed trader Jesse Livermore said, "It was never my thinking that made the big money for me. It was always my sitting. Got that. My sitting tight"

Anonymous said, “The stock market is that creation of man which humbles him the most.”

“Sell stocks whenever the market is 30% higher than a year ago” -Eugene Brody

Several weeks ago I issued a challenge: Give me six empirical facts.

I heard nothing from anyone that wrote that was empirically based, which was my lesson to teach, until Advanced Mentoring student

Congrats. Your first 6 are correct. Here they were:

Scientific Empirical facts...

Water vaporizes into steam.

Planets revolve around stars in elliptical orbits.

The gravitational pull of an object is directly related to its mass...

Fire needs oxygen to burn....

Plants need CO2 in order to conduct photosynthesis...

Then he said:

“Market related empirical facts...

All fiat currencies eventually fail or collapse...

Gold is a hedge against inflation because it maintains its purchasing power over time...


Market related empirical facts...

All fiat currencies eventually fail or collapse...


The stock related is not. Flat currencies may change name, but many have survived. Argentina in 80's the peso went under, Ecuador in 2000's also, both moved to USD

Gold we only know historically, as with flat currencies, to eras in which we began tracking history so it is not empirical, but I agree:)

__________________________________________

And again from MP, a video and story worthy of your learning:

Read the story BEFORE you watch the video...

http://www.youtube.com/watch?v=hnOPu0_YWhw

Please read to the end...

THE SITUATION

In Washington, DC, at a Metro Station, on a cold January morning in 2007,

this man with a violin played six Bach pieces for about 45 minutes. During

that time, approximately 2,000 people went through the station, most of

them on their way to work. After about 3 minutes, a middle-aged man

noticed that there was a musician playing. He slowed his pace and stopped

for a few seconds, and then he hurried on to meet his schedule.

About 4 minutes later:


The violinist received his first dollar. A woman threw money in the hat

and, without stopping, continued to walk.

At 6 minutes:


A young man leaned against the wall to listen to him, then looked at his

watch and started to walk again.

At 10 minutes:

A 3-year old boy stopped, but his mother tugged him along hurriedly. The

kid stopped to look at the violinist again, but the mother pushed hard and

the child continued to walk, turning his head the whole time. This action

was repeated by several other children, but every parent - without

exception - forced their children to move on quickly.

At 45 minutes:

The musician played continuously. Only 6 people stopped and listened for a

short while. About 20 gave money but continued to walk at their normal

pace. The man collected a total of $32.


After 1 hour:

He finished playing and silence took over. No one noticed and no one

applauded. There was no recognition at all.

No one knew this, but the violinist was Joshua Bell, one of the greatest

musicians in the world. He played one of the most intricate pieces ever

written, with a violin worth $3.5 million dollars. Two days before, Joshua

Bell sold-out a theater in Boston where the seats averaged $100 each to sit

and listen to him play the same music.

This is a true story. Joshua Bell, playing incognito in the D.C. Metro

Station, was organized by the Washington Post as part of a social

experiment about perception, taste and people's priorities.

This experiment raised several questions:

*In a commonplace environment, at an inappropriate hour, do we perceive

beauty?

*If so, do we stop to appreciate it?

*Do we recognize talent in an unexpected context?


One possible conclusion reached from this experiment could be this:

If we do not have a moment to stop and listen to one of the best musicians

in the world, playing some of the finest music ever written, with one of

the most beautiful instruments ever made . . ..

How many other things are we missing as we rush through life?


Enjoy life NOW .. it has an expiration date

No comments: