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How Contagious Discipline Killed the Bear (Market)

A plan that was attempted and failed is always better than failing to plan.  Right?  If you don’t plan at all, you are just guaranteeing failure.  Being mentally, relationally, spiritually, physically, and emotionally disciplined all have guaranteed dividends. But how does discipline kill a bear?

The Fourth Philosophy: Make Investing Exciting!

The reason that The Fourth Philosophy is so important is that it encourages us to stick to the method that we know works and to recognize that the excitement involved is in the profits we know we are likely to make over the next 10, 20, or 30 years.  This is how we make investing exciting!

The Second Philosophy: The One Month Rule

We all know the feeling. You purchase something in a moment of brilliance that you have to buy. You think it’s great. Surely, this new (insert: financed car/home, expensive clothes, computer, etc) is going to make you happy. It’s the best thing since sliced bread. Then it hits…. buyer’s remorse. Let the One Month Rule help you out next time.

A new golden rule? The Doctrine of Charity

Charity is defined as “the voluntary giving of help, typically in the form of money, to those in need.” While charity via giving money is a good thing (and one we encourage!) it is not the only form of charity. Charity can be given through a variety of mechanisms to “those in need.” One way is through the Doctrine of Charity.

Expectations and Reality: Producing Happiness

How do you have a successful marriage?  How did you have kids during residency?  Doesn’t your spouse get tired of not seeing you during this rotation?  Wasn’t medical school hard? How do you balance your research, clinical work, and having a family of five? The secret I have found to all of these dilemmas is about setting expectations.