My natural state of mind is one of scarcity. I used to cling to every dollar I made. It took me years to develop a genuine abundance mindset.
It probably comes from my upbringing. Growing up, we didn’t have much and that shaped my outlook on money.
Roughly 2000 years ago, the Stoic philosopher Seneca explained the essence of anxiety well:
“We suffer more often in imagination than in reality.”
Fast forward to today, I bet we suffer way more in imagination compared to when Seneca said that. Since that time, we have invented modern medicine and created a relatively safer civilization compared to ancient Rome. Yet, a lot of people still experience anxiety.
Over the course of four essays, we will uncover why Stoic wisdom can make you wealthy. These essays combine Stoicism and investing. Here’s what you can expect.
Table of Contents:
Let’s get started.
Your mind is extremely powerful. Your thoughts determine your actions. The “nocebo effect” is a great example of that.
The placebo effect happens when positive expectations lead to improved health outcomes. But the nocebo effect is the exact opposite. It’s when negative expectations or beliefs lead to harmful or adverse effects on health.