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8 Lessons from the book “The Coddling of the American Mind”
Right now, American educational institutions are in the crossfire of heated protests related to the Israeli-Pakistani conflict. What lies in these protests is deep overzealousness rife with polarization, incivility, and a growing dissenting voice that threatens to unravel the fabric of American public discourse. What’s happening to American society? The book “The Coddling of the American Mind” by Greg Lukianoff and Jonathan Haidt offers many thought-provoking explorations into the rise of what they termed “safetyism.”‘ In this blog, we uncover the ideas of this compelling book, revealing the unforeseen repercussions of a culture steeped in protectionism and the call to reclaim the lost art of intellectual resilience. Here are 8…
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8 Ways to Becoming Smart Like Charlie Munger (Learning the Inversion Mental Model)
Charlie Munger is considered one of the greatest investors of the 20th century. As a Vice Co-chairman of Berkshire Hathaway with his brilliant and well-known partner Warren Buffet, they created an investment portfolio that produced staggering wealth. Charlie’s secret is his reliance on a formalized way of thinking called “mental models” that has served him throughout his life to become successful. What makes Charlie’s mind tick? What does he refer to as his “bag of tricks” that he relies on to analyze and dissect the businesses and investments that have made Berkshire Hathaway and his portfolio of investments such a success? “I was very lucky because every place I’d looked,…
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8 Strategies for Maintaining Your Financial Health and Overall Wellness
If you find yourself constantly stressed about money, you’re not alone. Money is one of the biggest sources of stress and anxiety in people’s lives. But you can take control of your finances and significantly reduce your stress with a little effort. We share eight strategies to maintain (or improve) your financial health and overall wellness: This article was guest written by Jeff Nguyen from Piggy Bank Power. Jeff Nguyen is a retired high school economics teacher. He created Piggy Bank Power to provide clarity for anyone who’s struggling with financial literacy. He hopes the site’s resources and advice will empower readers to save for their futures and become as…
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8 Key Lessons on Managing Oneself
As I relax on this lovely morning, I can’t help but ponder on the importance of “managing oneself.” It’s about keeping a watchful eye on our daily actions and making necessary changes to achieve our goals efficiently, productively, and with laser-sharp focus. The “I am” I’m referring to is none other than the person staring back at me in the mirror – the “me” that’s been with me all along. I’ve often heard that successful individuals possess a higher level of self-awareness. This inner understanding enables them to remain grounded and, ultimately, more productive than most. That’s why I’ve created this blog – to explore and master the art of…
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8 Reasons For Bank Runs (And How to Protect Your Money)
We had a dramatic weekend, as regulators saw bank customers rushing to access their money in Silicon Valley Bank (SVB) before it completely failed. As of this writing, SVB has failed, while the next bank to suffer the same fate this weekend was Signature Bank in New York. The next bank that regulators are closely watching is San Francisco-based First Republic Bank, which currently is in its last leg as JPMorgan Chase & Co. has stepped in to inject funds to help it keep afloat. What is going on, and why are banks failing? In this article, we will explain the causes of these bank failures and bank runs and…
