Welcome to Wise & Wealthy: A weekly newsletter full of proven ideas to become smarter and wealthier. I send this every Monday.
#125 – May 20, 2024
Was this shared with you? Sign up here.
Wise: Demanding happiness
We’ve all been in situations where we felt obligated to put on a facade of happiness. Maybe it was a family gathering where you had to pretend to be more successful than you actually are.
Or maybe it was at work, where you felt the need to appear more enthusiastic about a project than you genuinely were. These instances are not only emotionally draining, but they also strip us of our authenticity.
Anthony de Mello, a spiritual teacher, once said:
”When I know that I am nothing, that’s wisdom. When I know that I am everything, that’s love. My life is a movement between these two.”
The moment we start embracing our true selves, and allow others to do the same, we pave the way for genuine happiness.
↳ You Can’t Demand Happiness from Other People
Wealthy: Mental barriers
My parents bought their first house in 2000. My mother told me that one of their family members broke ties with my parents because of that.
Certain people think that buying a house is not for everyone. Those types of people also believe that higher education is not for everyone. Or that owning stocks is only for rich folks.
These are examples of mental barriers.
So many of us have false beliefs about money and life. And those false beliefs can prevent us from ever living a good life. This is where Stoicism and mindfulness can help.
By becoming more self-aware, we can prevent ourselves from falling into the trap of mental barriers.
In my latest article, I share 7 mental barriers that I personally had to overcome in my life.
↳ 7 Mental Barriers that Prevent You From Getting Rich
One interesting thing
I’m in the process of reading all the letters to shareholders that Warren Buffett wrote for Berkshire Hathaway. Dating back to 1965. In the letter of 1977, Buffett wrote this about their investing strategy:
“We ordinarily make no attempt to buy equities for anticipated favorable stock price behavior in the short term. In fact, if their business experience continues to satisfy us, we welcome lower market prices of stocks we own as an opportunity to acquire even more of a good thing at a better price.”
I’ve read some of his letters over the years, but reading them in chronological order is fascinating. So much investing and business wisdom.
Thanks for reading! I hope you found this edition of Wise & Wealthy useful.
All the best,
Darius
Get $500+ worth of free bonuses when you order The Stoic Path to Wealth
My new book on investing and wealth-building, The Stoic Path to Wealth, is out now.
If you order the book now, you will instantly get access to the following free bonuses:
Order The Stoic Path to Wealth and receive these free bonuses
Ordering the book will give you instant access to:
- The Stoic Success video course on health, wealth, and happiness;
- Effortless Learning private podcast that can help you learn skills faster;
- Inner Fortress Magazine which provides tips on cultivating resilience and inner peace, and;
- Inner Circle exclusive newsletter where I share my latest and most important insights.
To get these bonuses, simply order the book through the link below. Then send your purchase receipt to stoicpathtowealth@gmail.com.
Order the book and get instant access to the bonuses here: stoicpathtowealth.com