Thursday, February 05, 2009

Reflections on Rules For Life

An interesting blog site asks contributors to submit their five rules for life, along with a sentence or two of explanation. It's a worthwhile exercise for reflection, because the rules ultimately have to be expressions of your deepest values and beliefs. Below are the five that I offered:

1) In life, do good and do well. Real success comes from pursuing your talents and enriching the world with their expression.

2) They lead best who follow their calling. Those who follow a genuine calling set an inspiring example with their actions.

3) Not all who rave are divinely inspired. Passion without wisdom is mere noise.

4) True love never dies; it has to be killed. Love is making another's happiness your own.

5) Be your ideals; in some measure, you're already the person you wish to become. Conscious living is striving to be who you are when you're at your best.

What are your five rules? Look at your trading, your relationships--your life: To what degree are you following your life rules? Can you really expect to follow trading rules if you're not true to your life's deepest values and convictions?



CharlesTrader said...

Napoleon Hill had 17 principles of personal achievement, but I perfer these five:

1. "Develop Definiteness of Purpose" - "Study every person you can think of who has achieved lasting success, and you will find that each one has had a definite major purpose. Each had a plan for reaching that goal, and each devoted the greatest part of his or her thoughts and efforts to that end."

2. "Establish a Mastermind Alliance" - "The mastermind principle lets you appropriate and use the full strength of the experience, training, and knowledge of other people just as if they were your own."

3. "Go the Extra Mile" - "Render more and better service than you are paid for, and sooner or later you will receive compound interest from your investment."

4. "Create Personal Initiative" - "There are two types of people who never amount to anything. There are those who never do anything except what they are told to do. And there are those who cannot even do what they are told to do. The people who get ahead do the things that should be done without being told. ... They go the extra mile and do much more than is expected of them."

5. "Build a Positive Mental Attitude" - "Success attracts success while failure attracts more failure. ... Striving for success makes you better able to attain it. Doing nothing and accepting failure only bring more failure your way. ... If you adopt a negative mental attitude and fill your mind with thoughts of fear and frustration, your mind will only draw those same things to you."


Bryan said...

- Appreciate: discern and look for the good qualities in people, places and ideas.

- Learn to find and do the activities that give you flow. When doing these activities you will be fully immersed and energized.

- Do more of what makes you happy and less of what does not

- Treat others as you would wish to be treated yourself

- Be alert to the arrival of good fortune or luck. Recognise and appreciate it and be prepared to act on it.

J.D. said...

Dr. Brett, thank you for your submission to "Five Rules For Life" - it will be published with the next update.

And thank you for the mention on your site! I have contributions from several people in the trading community on the site already...and several in the queue to be added next week.

CharlesTrader, Bryan, and everyone else. I would value your submissions - please email them to me if I can use them on "Five Rules For Life".

My email address is posted here.

Matt P said...

One the lighter side:

These are a few of the absolute universal imperatives I shared with my undergraduates (when I worked at a state University years ago) which they really didn’t appreciate…lousy kids.

Don’t insert your fingers and/or tongue into electrical outlets.

Avoid cursing during job interviews.

Do not wear your left shoe on your right foot.

Don’t make a habit of staring at the midday sun.

Wisdom and Wealth are mutually exclusive.

Adam said...

Brett ~

It's not easy to pick five rules for living that would add much after such thoughtful submissions by others, but by reviewing ideas that have been and remain important in building and maintaining a satisfying marriage and professional life, I offer these:

1. Take responsibility: By recognizing and fulfilling your responsibilities, you set the tone of any relationship.

2. Have ethics: If you can say, "This is a gray area ethically," you are already over the line. Aristotle wrote, "We are what we repeat." Relationships are what we repeat with others. You must have the courage to say, "That's not ethical," about another's acts if required. Should the relationship end as a result, what have you lost? More importantly, you must have the courage to examine your own ethical framework. Be merciless.

3. Your word is your bond: Make promises. Keep them. In any relationship there is a direct correlation between promises made and kept and the quality of one's reputation. Your reputation is what people think about while talking to you and what they talk about when talking about you. A broken promise is a black hole into which one's reputation vanishes without a trace, except that people talk about it forever. There is a direct correlation between the promises one makes, breaks and shame. It's impossible to engage in successful relationships while feeling shame.

4. Embrace the dreams of others: Their dreams will take you to places you never imagined you'd go. Don't be jealous of the time they spend improving their lot in life. Use it to improve your own. Help someone achieve greatness, and you'll bask in a precious glow that will illuminate your life and the lives of others forever.

5. Be a gentleman: In the "old school" sense.


Complacent Panda said...

Five Rules to Life:

1) Keep it simple.

(Bad joke, I know... =))

Brett Steenbarger, Ph.D. said...

Thanks to all for the excellent rules!