How Tim Ferriss uses techniques from this ancient philosophy to handle Covid-19 stock market volatility, emotions

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Tim Ferriss uses techniques from the ancient Greco-Roman philosophy of Stoicism to help stay calm and resilient while self-quarantining. (via CNBCMakeIt)

that Stoicism is "the most reliable safety net for emotional free fall" and the "tool that has helped me to make my best business decisions."

"The areas where I have not struggled are the places where I have rehearsed, to the extent possible, what might happen," Ferriss said.," which translates to "the pre-meditation of evils." Essentially, by imagining and rehearsing worst-case scenarios, you can be more prepared emotionally and tactically to encounter them .

"A big part of that for me has been deeply envisioning the worst-case scenarios and what they would, not just look like but feel like to observe and experience," he said. In particular, during the pandemic Ferriss said he leaned on the tenet to avoid feelings of regret when it comes to his investments in the stock market, which has been extremely volatile.

 

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