Focus. Study and analyse the figures in investing. Study how the trend goes. Keep yourself updated by reading business books, news, etc. and about the economy. Religiously follow the stock market. Eat, breathe and sleep the stock market you will definitely improve your success in investing.
Practice hard work and diligence. Practice hard and continue to study in order to be successful. Warren Buffett spends 75 to 80% of his time reading while the rest is spent talking on the phone, playing bridge and a little bit of time buying or selling investments.
Passion. Loving what you are doing. Try to emulate Buffett's passion by reading as much as you can on the companies or stocks that you like; keeping abreast with the latest developments; spending time to look at charts, earnings, corporate and macroeconomic statistics and anything to do with stocks and markets.
Perserverance and determination. In the stock market there will be always failures and mistakes. You must have a fortitude and resolve to stay in the game. Success is more meaningful after overcoming failure. With blood, sweat and tears, victory is sweeter.
Learning from mentors. Virtually anyone can benefit from a mentor.
Learning from the greats. You can learn from the greats like Warren Buffett, Benjamin Graham, Philip Fishers, Peter Lynch, and George Soros.
Having competent team. In investing you the need the advice from other people who are knowledgeable.Get a competent stockbroker who gives good advice. Invest with an experienced fund manager who will grow your portfolio.
Friday, July 09, 2010
Leadership Lessons
Basic Ingredients of Leadership according to Warren Bennis
Guiding Vision: You have a clear idea of what you want to do—professionally and personally—and the strength to persist in the face of setbacks, even failures.
Passion: You have an underlying passion for the promises of life, combined with a very particular passion for a vocation, a profession , a course of action.
Integrity. Your integrity is derived from self-knowledge, candor, and maturity. You know your principles, and have learned from experience how to learn from and work with others.
Trust. You have earned people’s trust.
Curiousity. You wonder about everything and want to lear as much as you can.
Daring. You are willing to take risks, experiments and try new things.
Farsightedness. You keep your eyes firmly fixed on the far horizons, even as you take steps toward it.
Mastery of change. You regulate speed, direction and rhythm of change in the organization so that its growth and evolution match the external pace of events.
Organizational design. You are an institution builder whose legacy is an organization capable of success in realizing the desired vision.
Anticipatory learning. Lifelong learner.
Initiative. Ability to make things happen.
Mastery of interdependence. You inspire others to share ideas and trust each other to communicate well and frequently to seek collaborative solutions to problems.
High standards of integrity. You are fair, honest, tolerant, dependable, caring, open, loyal and committed to the best traditions of the past.
Guiding Vision: You have a clear idea of what you want to do—professionally and personally—and the strength to persist in the face of setbacks, even failures.
Passion: You have an underlying passion for the promises of life, combined with a very particular passion for a vocation, a profession , a course of action.
Integrity. Your integrity is derived from self-knowledge, candor, and maturity. You know your principles, and have learned from experience how to learn from and work with others.
Trust. You have earned people’s trust.
Curiousity. You wonder about everything and want to lear as much as you can.
Daring. You are willing to take risks, experiments and try new things.
Farsightedness. You keep your eyes firmly fixed on the far horizons, even as you take steps toward it.
Mastery of change. You regulate speed, direction and rhythm of change in the organization so that its growth and evolution match the external pace of events.
Organizational design. You are an institution builder whose legacy is an organization capable of success in realizing the desired vision.
Anticipatory learning. Lifelong learner.
Initiative. Ability to make things happen.
Mastery of interdependence. You inspire others to share ideas and trust each other to communicate well and frequently to seek collaborative solutions to problems.
High standards of integrity. You are fair, honest, tolerant, dependable, caring, open, loyal and committed to the best traditions of the past.
What's Eating Earth? Ways to Help
How true is it that our dietary choices can affect our planet's health?
It's clear that our dietary choices particularly the ones that tend to have meat in them, do contribute significantly to climate change. If we choose to act on this, how do we go about it. Here are some doable acts or tips
1. Meat free Monday. Green entrepreneur Craig Sams said: If everyone stopped eating meat every Monday it could reduce greenhouse gas emissions by the equivalent of 200 million tons of carbon dioxide a year and save tens of millions of hectares of rainforest from being destroyed to grow animal feed. The health benefits are a nice bonus, too."
2. Considering going vegetarian or vegan. The well being of the environment has become another reason to embrace vegetarianism.
3. Support organic stores and shops. Organic refers to the growing, raising or processing of food without drugs, synthetic chemicals or hormones using methods that conserve natural resources and limit the effects on the environment.
4. Avoid genetically modified foods.
5. Know what's in your plate. Read food labels, particularly those of processed food, which most likely contain additives.
It's clear that our dietary choices particularly the ones that tend to have meat in them, do contribute significantly to climate change. If we choose to act on this, how do we go about it. Here are some doable acts or tips
1. Meat free Monday. Green entrepreneur Craig Sams said: If everyone stopped eating meat every Monday it could reduce greenhouse gas emissions by the equivalent of 200 million tons of carbon dioxide a year and save tens of millions of hectares of rainforest from being destroyed to grow animal feed. The health benefits are a nice bonus, too."
2. Considering going vegetarian or vegan. The well being of the environment has become another reason to embrace vegetarianism.
3. Support organic stores and shops. Organic refers to the growing, raising or processing of food without drugs, synthetic chemicals or hormones using methods that conserve natural resources and limit the effects on the environment.
4. Avoid genetically modified foods.
5. Know what's in your plate. Read food labels, particularly those of processed food, which most likely contain additives.
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