Ep. 620: 2018 Will Be Great with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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Stoicism: How to Prepare for Things
Stoicism is like you know think of think through the worst case scenarios live them in your mind and then when some of these bad things happen you're not so surprised. Well that's exactly right but I'd also argue that you should also live through the good times as well in your mind to prepare yourself for it. So if tomorrow or something this stock I just bought gets an offer for twice the value that I just put into it what does that mean how do I react? You have to think ahead go through a lot of different scenarios and be prepared mentally to deal with them.
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