It has been found that people who are more tolerant of failure see greater profits.
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“It’s okay to fail”
If you think that “failure is nothing,”
the probability of actually failing decreases substantially, according to a study.
Why does this happen?
Heidi Grant Halvorson
“The 9 Habits of Highly Successful People”
(Discover Twenty-One)
January 30, 2020, 9th edition, p.59
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Hello, this is Kudani (Shimoyama).
The quality of life is determined by our values,though not a stretch to say so.
Depending on what kind of “values” you hold,life can turn for better or worse in big ways,
and today I want to share about the theme of “values.”
First, about my own values.
My values are greatly influenced by manga.They have a big impact on me.
I’ve read many manga in the past,and have been heavily influenced by them.
Among them, three manga have had especially strong influence.
Truthfully there are more than three,
but I selected the three that changed my values
and introduced them on YouTube.↓
https://youtu.be/2KuJZyXrk1E
From a manga I introduce in the video,I learned that
“the reason rulers fall boils down to two things:“the reason leaders fall is ultimately summarized in two things” ◯ and ◯.”
This was what I learned.is taught.
I’m not a politician,I am not a politician,
nor do I seek power,nor do I crave power, but
but as an important value to avoid straying in life,as an important value to not derail in lifeand keep it carved in my heart.
it is etched in my heart.
Even if you don’t like manga that much,Even if you aren’t crazy about manga,
there may be some who do,there may be some who are,
and I’m introducing not just entertaining works butand it’s not just entertaining works, but
works that depict the “truth of humanity.”works depicting “the truth of humanity”
Please take a look.that I’m introducing, so please take a look.
↓↓
https://youtu.be/2KuJZyXrk1Ehttps://youtu.be/2KuJZyXrk1E
From another manga introduced in the video,I learned that＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝
A 30-year-old whose values collapsed
＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝
Next, my own experience when my values collapsed.
“Values” are very tricky things; once imprinted in the brain,
they don’t easily disappear, for better or worse.
However, there are times when
the values you held dear collapse all at once.
I, too, had my values shattered and my life changed dramatically.
I’ve written about this in a previous newsletter,
when I was 30 years old.
At that time, I started a company with an acquaintance.
As we were narrowing down ideas for the business,
this question came up: “What about stocks?”
In my 20s I had a bad experience with stocks, so I honestly thought, “I won’t win anyway.”
and I disagreed.
Then after about three months,
I heard a shocking story from my partner.
He was actually making profits in stocks.
When I asked,he said he was engaging in “margin trading.”
I already had prejudices about stock trading,
and I believed that margin trading was dangerous and unnecessary.
That belief collapsed when confronted with his success.
From there, I faced stocks without bias,
and the idea that perhaps buying and selling could be hedged to yield stable profits
emerged, leading to where I am now.
In this newsletter, I often discuss
“margin trading” as a given, but there was a time I opposed it in the past.
However, the undeniable reality in front of me
destroyed my value system.
I think many others who have their values challenged
might also consider joining Stock Academy.
If you’re in an environment where other students are using
margin trading and making profits as a norm,
your values may collapse in an instant.
＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝
The more you think, “It’s ok to fail,” the more you profit
＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝
However, in ordinary life, opportunities to have values changed are rare
and once a value is acquired, it tends to last a lifetime.
In particular, as you get older, values tend not to change.
If those values bring good influence to life, great, but
unfortunately, many values continue to exert a negative influence.
A particularly tricky one is
the value placed on “failure.”
You may be like this too, but
the value “failure equals bad,”
is held by a majority of people.
Many feel bound by a sort of obsessive need to “succeed.”
Family, friends, and colleagues may look at you with judgmental eyes,
causing fear of failure for many people, but...
If you want to succeed,
you must shed the belief that failure is evil.
Because considering failure as evil
and trying to avoid it makes you more likely to fail
and keeps you from succeeding.
Ironically, the more you fear failure, the higher your chances of failing become.
Why is that?
In Heidi Grant Halvorson’s book
“The 9 Habits of Highly Successful People,”
it says this.
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The biggest factor that hinders performance is anxiety.
This is evident from many studies.
Heidi Grant Halvorson
“The 9 Habits of Highly Successful People”
(Discover Twenty-One)
January 30, 2020, 9th edition, p.60
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Fear of failure
↓
Anxiety increases
↓
Performance cannot be demonstrated
↓
Failure occurs
That is the flow, right?
So what should we do?
Even if you vow in your heart, “I won’t fear failure,”
fear doesn’t disappear easily.
A hint can be found in a passage also from
the same book, “The 9 Habits of Highly Successful People.”
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If you focus on growth,
the meaning of work changes.
Heidi Grant Halvorson
“The 9 Habits of Highly Successful People”
(Discover Twenty-One)
January 30, 2020, 9th edition, p.60
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Instead of “succeeding,”focus on
“growing.”
Let’s consider stock trading as an example.
The ultimate goal of stock trading is to make a profit,
but during trading you forget that.
During trading,
your own growth as a trader becomes the goal.
Even if you incur unrealized losses or actual losses,you focus on growth above all.
Profits are important, but
if you grow as a trader even a little,
by better adhering to your investment rules,
that is enough.
If you do that,
you’ll be freed from the pain of unrealized losses
and losses, and you’ll be able to keep calm judgment.
Your values are decided by you,
and not by others.
However, if you want to profit in stocks,
please use this discussion as a reference.
Thank you for reading until the end today as well.
Keizo Kudami
