Theres a blood bath in the Philippine Stock Market as of today. You can see red colored digits on your portfolio screen. What do you do? Do you sell? Do you buy more? Or do nothing?
There's a popular speech by the new Google CEO Sundar Pichai, The Cockcroach Theory.
Its actually an age old Greek Philosophy called Stoicism. Where you think rationally for a minute during hard times and assess the situation. You then respond afterwards with the best course of action. While most people will react naturally to some situations, Stoicism wants you to be indifferent.
Sunday, August 23, 2015
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