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Flawed beliefs

Admitting our faults can be difficult at times, as we may feel that we lose our status when we acknowledge the truth. However, considering ourselves as the ultimate destination of knowledge can lead to arrogance and rudeness. Although admitting our flaws may result in a loss of status, it is essential to avoid being drained by our imagination, which can keep the graph of our status down. We can actually benefit from acknowledging our flaws, but many people find it hard to admit them.

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Observation is the key

Too much focused on work or anything is not good at all. Not for both personal and professional. Yet we repeat the same pattern. Insanely focused in a work could bring better results. But these might lead to filter out the things we think is not at all important. But it turns out that is wrong. Often the things we wish could have were the things we merely ignored. Relationship is an example. Relationship with children and spouse often get cold when obsessed with way too much work. It is very much easy to eliminate the non essential and focus on what's important. But as the life progresses, most people realise that is not true. Giving time to nurture the relations are important as much as finishing the task. In the end all that matters is how well the life gets better. Just merely by observing the things that we thought as irrelevant may seems like a great choice to have. You might rethink and crafts the better one.

Correction happens

 Valuation should be taken into account before considering the investment. Once you find the company as overvalued, then you should stay away from it at least till correction. Correction is inevitable and for whatever it is, correction will happen sooner or later.

Price movement and news

 Demand can be very well related to the need in the market. When something of nominal value gets high in demand, it usually gets attention. So, when the attention rises it draws masses towards. This time we can observe a price surge. This happens often in tradable assets. Let’s take an example of a particular stock. Usually, the price of the stock rises whenever good news is associated. This good news makes traders bring attention. Risk-takers invest based on this soothing news, which raises the price further. And soon it breaks the resistance and all retail investors start investing making the price move even higher. Even after days of news, it keeps the pace. Here people slowly start to form a consensus within themselves that the price won’t go much higher when reaches this or that point. Which makes people like him exit from there. When masses do this, it slowly reflects in the price movements. This leaves a panic among the general investors and they will start withdrawing mon...

Results are oriented consistently

Whenever we expect a result, it will be grounded on the work involved. The more efficient the work, the better the outcome will be. Most of the time when we expect the results without putting enough work, we suffer. So making sure that we give the best while expecting a good result.

Learning curve

 The learning curve is an actual depiction of what happens when we start to learn something new relative to time. It is easy for a novice to think that whatever he learns is not that hard. But the time goes, it is understandable that the motivation is dropping down and the learning is not as fun as before. It starts to decline down and down until to test the persons' enthusiasm. Those who just started as a fun activity drops here. it is really hard to sustain motivation here because this is the hard phase. Those who survive here go for long shot. This dip in the curve eliminates about 80% of those who started. It is a very mean way of finding the best, but it works. This can be observed from our own lives. it is the reason why we left some of the things that we thought would be beneficial for us. Those who are experts in their field went through this. They have gone so far by now. If we keep the process for so long until it crosses the dip, then it is possible to become an expert...

Keep up with trend

It won't matter much whether the company is at the number one position in market cap, if it fails to keep up with the trend, it will go out of the business. there are a lot of examples in front of us. This busting off will result in the rise of the next big thing. The general motor was once the market cap champion. But the rise of the internet and technology brought thousands of companies, which now rules the entire business era. And companies in this field is now valued extremely high than any industry. The Internet gave access to the information that is once only available to the presidents and prime ministers to a common man. this is revolutionary and it changed the world. the world order keeps changing. every major change leads to revolutions. when this happens successfully with business, it is the next big thing.

Traveling

Traveling may be expensive, but it offers a lot of exploration. We often tend to backnoff from travelling due to tightening money. Travelling should not be neglected. It gives us plenty of experiences and memories.