Showing posts with label motivation. Show all posts
Showing posts with label motivation. Show all posts

Saturday, May 19, 2018

My mistakes that led to losses in stock investment



1. listen to friend's buy call. too easily influenced by what friends told me, asking me to buy this and that.
2. reading forums and other people's opnions.
3. buying into over-hyped stocks
4. averaging down stocks.
5. believed that I was right and didnt want to admit my mistakes. too-overconfident from earlier winning trades.
6. buying bad fundamental stocks. After i attended courses, understood what ratios to see...noticed most of the stocks i bought had red flags when I checked their fundamentals
7.not knowing when and how to cut loss.

-- all the above due to greed -from quick money i turn into long term investor-, didnt do research. --

On the positive side, all the above has made me a more humble stock investor. long term i believe i will be hugely successful as an investor. Never give up!


Monday, April 9, 2018

12 basic Principles to Be Rich (feat Li Ka Shing)


Monday, October 2, 2017

MUST READ : Best set of advise

Came across this "spam" in some whatsapp group channel that I'm in. But i kind of like this one alot. Also this is something I can come back to again in the future if I ever need motivation :


This is one of the best set of advise l have ever read.

1. Take risks in your life. If you win, you can lead; if you lose, you can guide.
2. People are not what they say but what they do; so judge them not from their words but from their actions.
3. When someone hurts you, don't feel bad because it's a law of nature that the tree that bears the sweetest fruits gets maximum number of stones.
4. Take whatever you can from your life because when life starts taking from you, it takes even your last breath.
5. In this world, people will always throw stones on the path of your success. It depends on what you make from them - a wall or a bridge.
6. Challenges make life interesting; overcoming them make life meaningful.
7. There is no joy in victory without running the risk of defeat.
8. A path without obstacles leads nowhere.
9. Past is a nice place to visit but certainly not a good place to stay.
10. You can't have a better tomorrow if you are thinking about yesterday all the time.
11. If what you did yesterday still looks big to you, then you haven't done much today.
12. If you don't build your dreams, someone else will hire you to build theirs.
13. If you don't climb the mountain; you can't view the plain.
14. Don't leave it idle - use your brain.
15. You are not paid for having brain, you are only rewarded for using it intelligently.
16. It is not what you don't have that limits you; it is what you have but don't know how to use.
17. What you fail to learn might teach you a lesson.
18. The difference between a corrupt person and an honest person is: The corrupt person has a price while the honest person has a value.
19. If you succeed in cheating someone, don't think that the person is a fool...... Realize that the person trusted you much more than you deserved.
20. Honesty is an expensive gift; don't expect it from cheap people.

Tuesday, October 6, 2015

My WWWisdom quotes

"Clarity Leads to Power"

"Risks must be taken because the greatest hazard in life is to risk nothing" ~ William Arthur Ward

"Think BIG and Act BIG"

"Your comfort zone is in direct proportion to your money $$$ zone"

"Do it all or don't do it at all. Make it great or don;t make it at all"

Monday, December 8, 2014

My friend Angie shared with me this nice article which i find interesting. About Henry Ford and his wise ways and methods that helped to define him as one of the most successful man in history

Source:
http://www.inc.com/peter-economy/the-remarkably-enduring-wisdom-of-henry-ford.html




We all know that Henry Ford--the founder of the Ford Motor Company--was a remarkable leader, entrepreneur, and inventor. Not only did he invent the modern assembly line for building cars, but he earned more than 100 patents and he made car ownership--and the freedom to travel that came along with it--affordable for millions of Americans.
I was recently looking up a quotation attributed to Henry Ford, and I was surprised to see just how much of his wisdom has made its way into the common language of business today. Here are some of my favorites.
  • Before everything else, getting ready is the secret of success.
  • It has been my observation that most people get ahead during the time that others waste.
  • Don't find fault, find a remedy.
  • A business that makes nothing but money is a poor business.
  • The man who will use his skill and constructive imagination to see how much he can give for a dollar, instead of how little he can give for a dollar, is bound to succeed.
  • Failure is simply the opportunity to begin again, this time more intelligently.
  • Whether you believe you can do a thing or not, you are right.
  • There are no big problems, there are just a lot of little problems.
  • If there is any one secret of success, it lies in the ability to get the other person's point of view and see things from that person's angle as well as from your own.
  • A market is never saturated with a good product, but it is very quickly saturated with a bad one.
  • An idealist is a person who helps other people to be prosperous.
  • There is joy in work. There is no happiness except in the realization that we have accomplished something.
  • There is no man living that can not do more than he thinks he can.
  • Anyone who stops learning is old, whether at twenty or eighty. Anyone who keeps learning stays young. The greatest thing in life is to keep your mind young.
  • I cannot discover that anyone knows enough to say definitely what is and what is not possible.
  • Wealth, like happiness, is never attained when sought after directly. It comes as a by-product of providing a useful service.
  • Coming together is a beginning; keeping together is progress; working together is success.
  • Life is a series of experiences, each one of which makes us bigger, even though sometimes it is hard to realize this. For the world was built to develop character, and we must learn that the setbacks and grieves which we endure help us in our marching onward.
  • Thinking is the hardest work there is, which is probably the reason why so few engage in it.
  • There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible.
  • You can't build a reputation on what you are going to do.


Wonder stuff. Thanks to Angie!


Friday, November 22, 2013

New resolution for year 2014

2014 is fast approaching. To be truthful, I haven't really done anything this year that I haven't done before. It's time to act.

One thing I've discovered about myself. I will tend to re-act in response to pressure and pain. Or basically the desire to avoid them. There are two ways of motivating myself. First way is to have the desire to achieve something be it a goal or dream, and the other is to do something to avoid a crisis or loss. I tend to feel motivated more with the latter. Pain and suffering is something I try my best to avoid and the emotion associated with it is very strong. That reminds me of Habit 2 from Stephen Covey's excellent book 7 Habits of Highly Successful People. It's time for me to get back into the 7 habits planning. It worked for me back in 2008 and it will work for me again 5 years later.

Time to put on my thinking cap to work on my 2014 goals !

The main things I will be tackling next year :

1. Building the body I desire
2. OSCP education and exam
3. Career advancement
4. Love Relationship. 
5. increase Positive Income by Investing

Wednesday, April 24, 2013

3S of Bad Luck

Woke up 6am today. Checked Dortmund vs Real Madrid Champions League semi-final 1st leg on my S2. Was disappointed to find out Real Madrid lost to Dortmund 1 to 4 goals. Lewandoski scored 4 fantastic goals!

After that went to the gym. While doing my HIIT on the treadmill, noticed my shoe's lower sole thin layer peeled off a bit. Continued running till the whole piece came off!

After gym, went home, ate my breakfast and started my journey to work. Drove into cyberjaya area, then noticed the traffic light near Lim Kok Weng building turned red. Normally it'sgreen all the way. I guess they changed it. So i braked and stopped there to wait till traffic light turn green. Looked at my rear mirror, saw this silver myVi (still far behind) was driving fast and all of a sudden braked and nearly crashed the back of my car!! The driver was some young Indian lady. She honked me after braking! Never mind, i just continued driving when the traffic light signaled green. Then she drove to the side my car and honked me again. Grrrrr. What an annoying person.

So 3 bad lucks so far today and it's still early. Told my good friend Locutus about and he told me its okay :-


bad stuff come in 3s
so u oredi got 3 things listed up there
the rest of the day is going to be great


 Great advice from Locutus. Thanks buddy! So now that I'm done with 3S, the rest of my day going to be GREAT!!!

Wednesday, March 6, 2013

Ang Lee: A Never-Ending Dream

Thanks to Ange Lym for sharing this with me!



Ang Lee: A Never-Ending Dream

"In 1978, as I applied to study film at the University of Illinois, my father vehemently objected. He quoted me a statistic: ‘Every year, 50,000 performers compete for 200 available roles on Broadway.’ Against his advice, I boarded a flight to the U.S. This strained our relationship. In the two decades following, we exchanged less than a hundred phrases in conversation.

Some years later, when I graduated film school, I came to comprehend my father’s concern. It was nearly unheard of for a Chinese newcomer to make it in the American film industry. Beginning in 1983, I struggled through six years of agonizing, hopeless uncertainty. Much of the time, I was helping film crews with their equipment or working as editor’s assistant, among other miscellaneous duties. My most painful experience involved shopping a screenplay at more than thirty different production companies, and being met with harsh rejection each time.

That year, I turned 30. There’s an old Chinese saying: ‘At 30, one stands firm.’ Yet, I couldn’t even support myself. What could I do? Keep waiting, or give up my movie-making dream? My wife gave me invaluable support.

My wife was my college classmate. She was a biology major, and after graduation, went to work for a small pharmaceutical research lab. Her income was terribly modest. At the time, we already had our elder son, Haan, to raise. To appease my own feelings of guilt, I took on all housework – cooking, cleaning, taking care of our son – in addition to reading, reviewing films and writing scripts. Every evening after preparing dinner, I would sit on the front steps with Haan, telling him stories as we waited for his mother – the heroic huntress – to come home with our sustenance (income).

This kind of life felt rather undignified for a man. At one point, my in-laws gave their daughter (my wife) a sum of money, intended as start-up capital for me to open a Chinese restaurant – hoping that a business would help support my family. But my wife refused the money. When I found out about this exchange, I stayed up several nights and finally decided: This dream of mine is not meant to be. I must face reality.

Afterward (and with a heavy heart), I enrolled in a computer course at a nearby community college. At a time when employment trumped all other considerations, it seemed that only a knowledge of computers could quickly make me employable. For the days that followed, I descended into malaise. My wife, noticing my unusual demeanor, discovered a schedule of classes tucked in my bag. She made no comment that night.

The next morning, right before she got in her car to head off to work, my wife turned back and – standing there on our front steps – said, ‘Ang, don’t forget your dream.’

And that dream of mine – drowned by demands of reality – came back to life. As my wife drove off, I took the class schedule out of my bag and slowly, deliberately tore it to pieces. And tossed it in the trash.

Sometime after, I obtained funding for my screenplay, and began to shoot my own films. And after that, a few of my films started to win international awards. Recalling earlier times, my wife confessed, ‘I’ve always believed that you only need one gift. Your gift is making films. There are so many people studying computers already, they don’t need an Ang Lee to do that. If you want that golden statue, you have to commit to the dream.’

And today, I’ve finally won that golden statue. I think my own perseverance and my wife’s immeasurable sacrifice have finally met their reward. And I am now more assured than ever before: I must continue making films.

You see, I have this never-ending dream."

(Following Ang Lee’s second Best Directing win at the Academy Awards last night, this beautiful essay resurfaced. Here is my translation of Ang Lee’s words, written in 2006 (post-Oscar win). Please credit the translation to Irene Shih (and to this blog), thank you!)

Monday, March 19, 2012

the Story of the Stonecutter

I was reading Anthony Robbins' book earlier and it was on the Changing Metaphor topic. His story of the stone cutter caught my interest:-

A Stonecutter would pick up a rock, and with a hammer and sharp object and start hammering the rock in the EXACT SAME position each time (read focus).

Chink. Chink. Chink. No result.

Chink. Chink. Chink and on and on. No result.

The Stonecutter would sit there, often for hours with no VISIBLE result.

Then all of a sudden... the 108th hammer into the rock.. and CRACK!! The stone splits perfectly in half.

This is a great metaphor for life, and particularly your business. Keep Chinking away at that rock, keep the momentum. Even without any visible positive sign. Don't stop. Stay consistent

Friday, March 16, 2012

Anthony Robbins - Awaken the Giant Within

Reading Anthony Robbins' Awaken the Giant Within. Here are some terminology in the book which I find interesting and may wish to refer back in the future:-


CANI - Consistent and Never Ending Improvement
"The Japanese have a single word for "constant and never-ending improvement" and it's called Kaizen. Kaizen is from the Japanese words Kai and Zen where "kai" means change and "zen" means good. Yes folks, change is good"

Benefits of CANI include:

  • Creates a personal and business momentum that will be hard for your competitors to catch up with.
  • Personal satisfaction and fulfillment because it will cause you to grow personally.
  • Leads to innovation. Innovation creates leverage.

Article Source: http://EzineArticles.com/5380



NAC-Neuro Associative Conditioning
-a technique for greater personal effectiveness. In short, he instructs readers to associate pain with not taking the action that we know we should take, and associate pleasure with taking action.

STEP 1:
Commit to have more pleasure in life and alot less pain.
One of the ways that's kept you from using that is using language that intensifies emotion

STEP2:
Get leverage on yourself . Eg use the following 4 new words to replace old ones:
Bored/Sien to "Need to do more"
Fxxx to "Annoying"
Shit to "Oh my goodness"
If only I had / 'zhong zi' to "No worry. I'll do it different;y next time"

-


RAS - Reticular Activating System
determines what you will notice and what you will pay attention to. To focus and do things that will help to achieve your goal and vision.

"The RAS introduced by Robbins is part of the subconscious mind. It’s a filter, applied to all the enormous data picked up by our senses every moment of our lives. It’s the reason we’re not overwhelmed by sensory perceptions. It’s how we can tune things out.


The Reticular Activation System is always at work, deciding what we see and what we don’t see. And we can control it, to an extent. The RAS reveals to us what we want to see, and veils that which we aren’t interested in. If I enter a room full of things, my attention will be pulled toward whatever is most interesting to me there: a tray of food if I’m hungry; a magazine featuring an article about something I’ve been contemplating; my girlfriend’s face. If you follow me into the room, your attention is liable to fall upon something else entirely. Our raw senses pick up the same data about the same objects, but somehow our focus wanders differently. That’s the RAS in action.

As you expand your interests and turn your eyes toward new things in your world, your RAS opens up and lets more things get through. By learning about new things and being fascinated in new things, you strengthen your conscious mind so that it can handle “more hits” from the RAS. Your consciousness expands to soak up more of your world, and through your eyes, it’s as though the world itself is enriched and enhanced."



Tuesday, December 6, 2011

Joel Osteen - Say 'NO' To Your Feelings

A friend of mine recommended me to view this. It talks about not letting feelings control what we do.

Friday, June 17, 2011

Being destroyed by disappointment?

Read this article about how we deal with disappointment. Very interesting read.

Dealing with Disappointments In Destructive Manners

Many people are caught like fish out of water when they are faced with disappointment. Because they are not taught on how to deal with it, they end up adopting various destructive approaches instead.

1. Avoidance by numbing yourself with other activities

Some people try to drown out or tune out of their disappointment by engaging in anything that takes their mind off the subject. They may partake in activities such as partying, hanging out, sleeping. They push themselves into going through the motions of daily life so they can justoperate in auto-pilot mode without thinking. Some turn to addictions such as retail therapy, playing games, emotional eating, sex or even stimulants such as alcohol and drugs. These people seek solace in whatever that is within their radius, in their effort to avoid being alone with their disappointment. Rebound relationships are commonly formed for this reason, where the person tries to get over the previous relationship without having to deal with it directly.

While these give a temporal uplift in the short-run, they do not resolve the issue. Soon after, they face another situation which leads to disappointment again. Instead of properly resolving the problem, their immediate reaction is to turn to the same set of activities and actions to drown out the emotions. This eventually continues in a downward spiral.

2. Denying your goals and dreams

In the longer term, some block out their dreams and goals in life, pretending they don’t exist. They develop dual personality halves – on the outside, they erect a wall which serves as a form of defense mechanism; on the inside, they hide their real self and desires underneath. They condition themselves into not setting any expectations, since disappointment will not occur where there are no expectations.

For example, people who have been scarred by negative relationships tend to develop barriers to love. On the outside, they appear aloof and cool; however on the inside they long to find their special someone. Because they fear getting hurt, they deny their desire for relationships and refuse to let people into their lives. At some point in the future, this denial catches up with them and it creates a backlash. Have you ever met such people before? They look like they don’t care, but you know on the inside, they really do care. As they block out their desires, they in turn make themselves more miserable in the long-run instead.

3. Giving up on your goals and dreams

There is another group of people who give up on their goals and dreams. While they still long for their goals, these people resign to a fate where they will never reach them. They become depressed and self-depreciative, devaluing their own self worth and thinking they are not meant to achieve anything. They spend more effort everyday trying to convince themselves and people around them that they will never ever achieve their goals, as opposed to acting on them.

What Happens When You Deal With Disappointments Destructively

If you have ever dealt with disappointments in the above manner, you are not properly dealing with them.

In the first part of the series Why Disappointment Is Good, we discussed that one of the reasons disappointment is good is because it represents passion for a cause. The higher your disappointment, it means the stronger your passion is.

Whenever you try to drown out your disappointment, deny your goals and dreams or even give up on them, you are really just rejecting who you are on the inside. You are denying your desires, your wants, your goals, your dreams, your visions, your real self – everything. These desires originated from somewhere inside of you, for a reason – and that reason is not for them to be denied. To quote Esther and Jerry Hicks from the book Ask And It Is Given, “If you have the ability to imagine it, or even to think about it, this Universe has the ability and the resources to deliver it fully unto you.”

When you try to deny your real desires, you are just hollowing yourself from inside out. You can try to pretend everything is fine and lead your everyday life, but you cannot fool your subconsciousness. Everyday, living feels like an empty act. Over time, you will find yourself sinking from a state of disappointment and dissatisfaction to a state of apathy. You start living everyday in a lifeless, zombie-like manner, with no passion or zest. You feel like you are just swirvelled up on the inside; Everything through your lens just seems barren and empty.

The good news is, it doesn’t have to be this way at all. You are not alone in your disappointment. Everyone has faced disappointment at some point – your friends, family, teachers, managers, co-workers, etc. I have faced disappointments before as well, from all different areas of my life. It is not a phenomenon exclusive to you. As much as disappointment is an emotion triggered without your conscious undertaking, you can proactively deal with it in a conscious manner. As long as you learn how you address your disappointments properly and pick up from here, you can lead life the way it is meant to be led – in alignment with your passions and inner desires.




Source: http://celestinechua.com/blog/are-you-letting-your-disappointments-destroy-you/

Tuesday, July 13, 2010

321

Received a special $ bonus today worth RM321 :) Quite a surprise. They gave me that coz of some kinda error with their system. I glady accepted it ^_^

I bet more good things to come my way!

Monday, December 1, 2008

Here's Steve Jobs delivering his commencement speech to the graduates of Stanford University in 2005. In it he talks about getting fired from Apple in 1985, life & death.

I like the part where he mentioned about death and how can use it to force us to do things in regardless of fear. We can do that by thinking that today could be our last day and we have to do it before it's too late.

"Remembering that I'll be dead soon is the best tool I have ever encountered to ever make the big choices in life"

"Remembering that you are going to die is the best way I know to avoid the trap of thinking you have something to lose"

That lose = fear of embarassment of failure, pride, external expectations