Info!! From Henry Carstens As Well As Brett Steenbarger: Markets As Well As Life Philosophy

I've been honored to know Henry Carstens for many years--probably to a greater extent than than either of us attention to count.  His Vertical Solutions site has a set out of gems on the theme of organisation development, including quite a few worthwhile papers.  (The backstory is that Henry in addition to I met through our usual involvement inwards the writings in addition to insights of Victor Niederhoffer).

Today's post began equally a brusk electronic mail from Henry to me yesterday.  I apace expanded on Henry's idea, he expanded on mine, in addition to pretty presently nosotros had developed some interesting insights on markets in addition to life.

Below is the sequence; a subsequent post volition supply reflection:

HENRY:

Stress is the inability to discovery or execute an border inwards life.

BRETT:

Stress results from challenges inwards finding/executing an border inwards life.

Distress results from the inability to discovery or execute an border inwards life.

Well-being results from fresh opportunities to find/execute an border inwards life.

Edges inwards life are ever-changing.

This guarantees stress.

The inability to change/evolve guarantees distress.

Flexibility/adaptability guarantees well-being.

HENRY:

 Success results from finding an edge

Ever-changing edges guarantee unlimited opportunities for success

With implications for

Goal setting

Focus

What’s my edge?

Why do/don’t I get got an edge

[How create I discovery an edge]

And from far out inwards left field

In relationships, go or personal, the disproportionate sharing or appreciation of edges results inwards stress

Having an border means

Reducing life, or aspects of life, to non-random processes

Continuous improvement in addition to utilisation tin live on applied to non-random processes

BRETT:

The most well-worn paths inwards life receive the to the lowest degree edge;

Ergo, traveling well-worn paths ensures stress in addition to distress;

And paths that lack stress in all likelihood lack edge.

HENRY:

Implementing/Preserving/Maximizing

Automate or delegate an border implementation in addition to hence yous tin occur novel edges

Combine w/ other edges to construct novel derivative or evolutionary edges

Automate border creation in addition to construct an border factory

Estimate when in addition to how fast an border volition degrade

 ***

So here's i takeaway enquiry from yesterday's electronic mail exchange:

How would yous live on leading your life differently if yous were looking to maximize your border equally a person?  As a trader?

Further Reading:  What Trading Teaches Us About Life