
10 valuable insights into the ancient Stoic thought for successful investing
By Mateus AbritaLength1h 55m
About this audiobook
Moving average, Day Trade, bull spread, derivatives, Earnings before interest, taxes, depreciation and amortization (Ebitda), dividends, technical analysis, fundamental analysis... There are many terms and areas of study within the investment market. However, one thing has always caught my attention since 2005, when I made my first investment in variable income. I observed that people were mesmerized with the market and with the possibilities of "easy" earnings and neglected a fundamental aspect in investments, the emotional and psychological side.
In this sense, I was enchanted by the Stoic philosophy, which is pointed out by many as a practical philosophy, that is, it proposes instruments that will not only generate abstract reflection but that have the potential to effectively contribute to your daily lives through thinking techniques that can be adopted. Therefore, the purpose of this book is to raise just a few elements of this very important topic, full of nuances and particularities. If I manage to pique my dear reader's curiosity to study more the emotional aspects in decision making, as well as delve into Stoic philosophy, this work will have fulfilled its role.
Audiobook details
GenreBusiness and Economics
Length1 hr 55 mins
Narrated byListen with 1,000+ voices
FormateBook with Audio
Publish dateApr 11, 2022
LanguageEnglish
Table of contents
1Introduction
122. We waste a lot of time on silly things and not on the things we can handle.
2I. THE IDEA OF THE RATIONAL MAN IN CONTRAST TO ECONOMIC PSYCHOLOGY AND BEHAVIORAL FINANCE
133. Stop blaming others and yourself, the wise do not blame either.
3INTRODUCTION
144. Lower expectations of the volatile reality of the market and beware of anger. The case of the crystal glass.
4THE RATIONAL “SUPERMAN” OR “HOMO ECONOMICUS”
155. Appreciate the current moment and don’t be anchored in past results. Just because it went up doesn’t mean it will keep going.
5THE NEW AND IMPORTANT AREA OF ECONOMIC PSYCHOLOGY
166. It is not the things themselves that affect you, but your attitude towards them is what is decisive. The “wild boar case”.
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6THE IMPORTANCE OF BEHAVIORAL FINANCES
177. There is a time to move on and a time to take a break.
7CONSIDERATIONS ABOUT THE MAN’S RATIONALITY
188. Seneca in his writings argued that “the mind must relax, for it will come back better and sharper after a good break”.
8II. VALUABLE INSIGHTS FROM ANCIENT STOIC THOUGHT FOR INVESTMENT SUCCESS
199. Get rid of the fears of poverty and death to have a calm and more rational mind.
9INTRODUCTION
2010. Importance of moral fiber.
10STOIC LESSONS FOR INVESTING
21REFERENCES AND SUGGESTED READINGS
111. There are events you can control and events you cannot. Focus on what you can control.
22AFTERWORD BY PAULO SÉRGIO DE OLIVEIRA SIMÕES GALA