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" ... This is an important reason we fail to reach our potential: without developed focus, our capacity for sustained purpose wanes. Many people set goals, writing their intentions in journals, but how many people actively, consistently, and vividly meditate on these? We think of meditation as emptying the mind, but this is not quite correct. Yes, we silence our self-talk to achieve focus, but meditation is also what we do with our state of enhanced focus. Religious mystics meditate on Divine images, reaching states of insight and ecstasy. In loving-kindness meditation, we focus on experiences of caring, expanding our capacity for connection to others. When we fail to meditate, our goals cannot benefit from intensified focus: we operate without the magnifying glass. Without focus, any thoughts and intentions are part of our ordinary flow and cannot transform us. Like people with attention deficit disorders, we bounce from activity to activity, thought to thought, goal to goal. Quite simply, normal human consciousness is optimized for normal human functioning, but is subnormal for achieving goals beyond the ordinary. ... "
" ... With the year coming to a close, I've spent intensive time at a number of trading and investment firms helping money managers maximize their 2018 performance. Interestingly, one set of questions has stood above all others in the recent meetings: How can I evaluate the positioning in an asset class or stock? What is the sentiment about the market? How crowded is this trade? Underlying these questions is the notion that the herd of market participants generally produces subnormal returns. If we can figure out what the herd is doing, we can position ourselves to benefit from their follies or, at the very least, act on our own views when those are least crowded. ... "