Money Managers Meditation
The raisins sitting in my sweaty palm are getting stickier by the minute. They don’t look
particularly appealing, but when instructed by my teacher, I take one in my fingers and examine
it. I notice that the raisin’s skin glistens. Looking closer, I see a small indentation where it once
hung from the vine. Eventually, I place the raisin in my mouth and roll the wrinkly little shape
over and over with my tongue, feeling its texture. After a while, I push it up against my teeth and
slice it open. Then, finally, I chew–very slowly.
by Carolyn Gregoire from the Huffington Post
Mindfulness, it seems, is having a moment. 2013 saw a significant spike of interest in holistic health and mindfulness practices like yoga and meditation (not to mention a number of celebrities and CEOs hopping on the mindfulness bandwagon) and it’s a trend that will likely continue to gain momentum in 2014.
“What the culture is craving is a sense of ease and reflection, of not needing to be stimulated or entertained or going after something constantly,” Soren Gordhamer, founder of the Wisdom 2.0 conference, told the New York Times. “Nobody’s kicking out technology, but we have to regain our connection to others and to nature or else everybody loses.”
Here are five reasons that mindfulness will change the world this upcoming year.
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.