By James Saft
April 17 (Reuters) – From Ray Dalio to Bill Gross, some of the biggest names in money management are practicing meditation.
At a conference last week in Washington, Dalio expounded on how his practice of meditation has helped his investment performance. Georgetown University, at the same conference, announced it would begin to offer a semester-long class on the discipline at its graduate business school. ()
While money managers often joke that clients are the biggest impediment to beating the market because they make emotional mistakes, the truth is that all investors, big and small, share traits which get in the way of making the best choices.
Meditation, which uses breathing and relaxation exercises in an attempt to bring stillness and repose to our usually chaotic minds, may offer some help.
Susan Stone believes that the quality of your life depends on where you focus your attention. You might not need to get a new job or move to a different city to live a better, more fulfilling life. Instead, you could pay closer attention to the here and now. “We think the more we do the better. We multitask. We plan the future and reminisce about the past, and rarely is our mind in the same place as our body,” says Stone. “So, tragically, we miss a lot of our own lives.”
Susan Stone teaches Mindfulness-Based Stress Reduction (MBSR) classes at the University of Virginia’s Mindfulness Center, where students learn practical strategies “to be present to the present moment.” She also teaches at the Fluvanna County Correctional Facility for Women; more than 100 inmates have attended classes and Stone hopes to expand the program to include correctional officers as well.
- Reduces pain and enhances the body’s immune system
- Reduces feelings of depression, anxiety, anger and confusion
- Increases blood flow and slows the heart rate
- Provides a sense of calm, peace and balance
- Helps reverse heart disease
- Helps control thoughts
- Increases energy
- Reduces Stress
Sources: www.psychologytoday.com, www.mayoclinic.com, www.ineedmotivation.com