How often do we read about the two percent of people who do things differently?
They go the opposite route from the tide of emotion or feelings of the general population and practise a counter-culture mindset.
Some of those people are long term thinkers when it comes to stocks. They buy when others are selling and experience greater profits when the share recovers.
At first, we might go for anything to get us some momentum. However, once we have some wisdom, made some mistakes and been down some alleys that we do not wish to try for a second time, we start to be able to learn.
Mark Twain once said, “whenever you find yourself on the side of the majority it’s time to pause and reflect.”
Because of my anxiety disorders and fears over the years, I have often behaved very erratically under pressure and have been talked into deals that have wrecked my prospects and opinions that I might not agree with if I had the time and prudence to look into with more detail.
After automatically reacting along with the crowd and bearing the consequences, I have found myself reflecting and seeing where my choice took me in the wrong direction.
Standing back and rummaging through the memories, I think that over the decades, I have been ‘reactionary’ rather than a ‘responsive’.
Continue reading “Responding or Reacting?”
