This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above to get up to $3600 in bonuses, and 100% APY on your USDT for this week only.Blaise Pascal is regarded as one of the greatest thinkers of the 17th century. He was a mathematician, physicist, inventor, philosopher, writer, and Catholic theologian. He was a master of the French Classical Period. Even Warren Buffet recognized the value of Pascal’s words and quoted his work in his letters to shareholders.Arguably the most famous quote from Pascal (the one that Buffett quoted) reads, “all of man’s misfortune comes from one thing, which is not knowing how to sit quietly in a room.”This rings particularly true in the age of smartphones and social media, which makes it even more astonishing that Pascal wrote this in the 1600s. There was a recent study that showed that people were uncomfortable and unhappy when forced to sit in a room alone with nothing to do but think... for between 6 and 15 minutes. Some of these people actually chose to give themselves mild electric shock. Here is the study.All people at all times have suffered the pains of boredom, self-doubt, loneliness, irritability, restlessness, and anxiety that come from not being at peace with ourselves. How can this quote about life help us improve in the investment world?You have heard me say that investing should be boring. When you have reached the level where you don't think about your portfolio for weeks or months at a time, you will know that you are doing it right. It should be like watching paint dry or grass grow. If you’re wildly excited day-to-day watching your investments, you are likely gambling or overexposed. Or afraid to simply sit quietly in the room.Humans have to fight their very nature to succeed in investing. We tend to always want more of everything, both material and experiential, leading us down an endless path of restlessness and discontent. Pascal’s quote is reminding us of this, in hopes that we cease our endless search for better, brighter, and bigger. This does not mean that you should not aim high. It does mean that you should be grateful for what you have and content in life.Investors who are unhappy in their life or finances are susceptible to making bad decisions in an effort to expedite the path to wealth and happiness. Usually, they are just walking farther away from the source.mThis is not possible. Further, when they reach their preset goal, they rarely find the accomplishment or amount to be enough. You wanted to make 1 million dollars in your life? You finally achieve this goal, then realize what you would be able to do if you had 10. When you get 10, you start thinking about what it would be like to have a 3rd home, boat or plane. You get to 100 and start interacting with billionaires who have much more than you. It's an endless rabbit hole of want.At every level, there is someone richer, something greater and more to desire. There's no level that will make you happy unless you are grateful and at peace.Accepting that things will take time and being content in the moment is the key. Take a rest. Enjoy the moment. With all the uncertainty going on in the world, try and find happiness right here. This mindset will pay off in ways you could never imagine.In This Issue: Take A RestBitcoin Thoughts And AnalysisAltcoin ChartsUkraine Pulls The RugThe Merge Is NearingSwiss City Accepts BitcoinMy Recommended Platforms And ToolsIF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.CO
The Wolf Den #449 - Take A Rest
The Wolf Den #449 - Take A Rest
The Wolf Den #449 - Take A Rest
This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above to get up to $3600 in bonuses, and 100% APY on your USDT for this week only.Blaise Pascal is regarded as one of the greatest thinkers of the 17th century. He was a mathematician, physicist, inventor, philosopher, writer, and Catholic theologian. He was a master of the French Classical Period. Even Warren Buffet recognized the value of Pascal’s words and quoted his work in his letters to shareholders.Arguably the most famous quote from Pascal (the one that Buffett quoted) reads, “all of man’s misfortune comes from one thing, which is not knowing how to sit quietly in a room.”This rings particularly true in the age of smartphones and social media, which makes it even more astonishing that Pascal wrote this in the 1600s. There was a recent study that showed that people were uncomfortable and unhappy when forced to sit in a room alone with nothing to do but think... for between 6 and 15 minutes. Some of these people actually chose to give themselves mild electric shock. Here is the study.All people at all times have suffered the pains of boredom, self-doubt, loneliness, irritability, restlessness, and anxiety that come from not being at peace with ourselves. How can this quote about life help us improve in the investment world?You have heard me say that investing should be boring. When you have reached the level where you don't think about your portfolio for weeks or months at a time, you will know that you are doing it right. It should be like watching paint dry or grass grow. If you’re wildly excited day-to-day watching your investments, you are likely gambling or overexposed. Or afraid to simply sit quietly in the room.Humans have to fight their very nature to succeed in investing. We tend to always want more of everything, both material and experiential, leading us down an endless path of restlessness and discontent. Pascal’s quote is reminding us of this, in hopes that we cease our endless search for better, brighter, and bigger. This does not mean that you should not aim high. It does mean that you should be grateful for what you have and content in life.Investors who are unhappy in their life or finances are susceptible to making bad decisions in an effort to expedite the path to wealth and happiness. Usually, they are just walking farther away from the source.mThis is not possible. Further, when they reach their preset goal, they rarely find the accomplishment or amount to be enough. You wanted to make 1 million dollars in your life? You finally achieve this goal, then realize what you would be able to do if you had 10. When you get 10, you start thinking about what it would be like to have a 3rd home, boat or plane. You get to 100 and start interacting with billionaires who have much more than you. It's an endless rabbit hole of want.At every level, there is someone richer, something greater and more to desire. There's no level that will make you happy unless you are grateful and at peace.Accepting that things will take time and being content in the moment is the key. Take a rest. Enjoy the moment. With all the uncertainty going on in the world, try and find happiness right here. This mindset will pay off in ways you could never imagine.In This Issue: Take A RestBitcoin Thoughts And AnalysisAltcoin ChartsUkraine Pulls The RugThe Merge Is NearingSwiss City Accepts BitcoinMy Recommended Platforms And ToolsIF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.CO