How Meditation Can Improve Your Investment Returns

Had a long conversation with a friend about investing and meditation. Now would be a great time to re-post this.

A great article on the subject matter from Bloomberg and I highly recommend that everyone reads it. To Make a Killing on Wall Street, Start Meditating.

I have been seriously meditating for over 7 years now and I swear by it. Most people don’t have the slightest idea of how stressful it is to be involved in the money management/trading business. In fact, I continue to maintain that it is one of the most challenging professions out there. And while some people turn to drugs, alcohol, partying, hookers, gambling and other destructive/compulsive behaviors, for me meditation is the only healthy (and free) option.

Listen, most people will gain a competitive advantage on Wall Street NOT through superior knowledge…..you can teach a monkey to read a balance sheet or a chart…..but through their psychological make up and patience. In other words, your brain can either be your best friend or your worst enemy. Simply put, meditation, over time, turns your brain/being into a powerful weapon when it comes to trading and/or investing.

Plus, there is a number of additional benefits. Wisdom and a potential enlightenment immediately come to mind. As a quick note, don’t follow anyone or get a “Guru”. Just close your eyes and destroy your mind. It’s the best drug out there. I highly recommend it.