Rational Advisor

Chapter 8 page 41

God says

Perspective create perception is one of the most important statements I am going to make here.

If you look upon every event of your life, as a gift, you will see it as a treasure that will serve you always.

If you look upon any event, as a tragedy, you will mourn it, and receive nothing from it but sorrow.

Comment: This is so true for investing. Too many times, we get caught up in the downturns of the markets. Our perception is “this is terrible”, “How will it ever get better”. Your perspective is that the investment field is not for you, and this becomes your reality - your perception. When the markets do recover, becasue they are built of the collective growth of industry - something that never dies, just slows occasionaly. You miss out on the recovery. Your perception of reality has led you to even more sorrow as you’ve completely missed the opportunity to recover.

However, if you perceive this as a gift to add to a well established portfolio, you’ll follow with the normal course of a recovery. No, we don’t know when it will be. But we do know it will BE.

Yes, it is how you perspective of things that creates your perception - Good or Bad.