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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MakeIt Aren't we doing it already?!

MakeIt

MakeIt 😳 and we are interested in this because..... ?

MakeIt

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines