Child is the father of Man. How true are these words of wisdom? One often thinks that it is the years of experience and wisdom gathered which helps us in making the right choices as we mender along the paths in life. But equally true is the fact that we become biased with our past experiences and tend to repeat mistakes because we are afraid to start a fresh with a new frame of thought.
Children have no past experiences to taint their actions. They look at each day with an unsullied perspective. It is said the most of the learning in our lives is done till the age of 6. After that we start unlearning things. So why not take cues from the wisest of us.
Learning from the tiny tots
Lesson No. 1 - Focus on one thing at a time
Children focus on one thing at a time to the exclusion of any external disturbances. Give the child a toy and he will lose himself fully in it. They will do one task exclusive and concentrate fully on it.
Lessons to learn: Investments should be focused. With over diversification we lose out on the potential big gains we can get from investing in a few good stocks. So focus your sights on those big gainers.
Lesson No. 2 - Move on
His favorite toy just broke and he has big fat tears in his eyes but not for long. The tears last only as long as he has spotted the next thing that captures his fancy. They do not have any regrets and do not look back in sorrow for what has passed.
Lessons to learn: If your investment is not giving you the required gains move on quickly. There is always something new to explore and gain with. Do not be nostalgic about an investment, which has given you a windfall profit in the past. Leave history to the historians. Never hesitate to abandon a venture if something more attractive comes into view.
Lesson No. 3 - Learn from the mistakes
Observe a child when he is trying to keep his toys back in place. He might do it messily at first and they will all come tumbling down the next time he will try to put it in another way maybe the big ones first and then the little ones, This time he will get it right. He certainly knows that mistakes are teaching aids.
Lessons to learn: Adults are notorious for repeating their mistakes. Again and again and again. When will we learn that we cannot time the market or penny stocks are not long-term investments? Making a mistake is human but repeating them is…. well so like an adult.
Lesson No. 4 - Take things on face value
Observe your daughter watching Cartoon Network – she believes that the Power puff girls can fly and have super powers. Children take things on face value and while power puff girls may not have superpowers most things are as simple as they seem.
Lessons to learn: When the company is spurning out a bad report card something must be wrong. Stop looking for hidden meanings and silver linings. Take is at face value and look for a better proposition.
Lesson No. 5 - A good laugh is a cure all
Take your son to a juggler’s show and watch him laugh with abandon as the clown juggler falls down. His face is free of any stress and worries and his mind is crystal clear unclouded by negativity.
Lessons to learn: Hey, I do not mean to sound like a new age Guru here but the best decisions are taken when you mind is calm and clear. You make endless mistakes when you are worried and have things nagging your mind. So have a good laugh and de-stress before making those earth-shaking decisions.
Children have no past experiences to taint their actions. They look at each day with an unsullied perspective. It is said the most of the learning in our lives is done till the age of 6. After that we start unlearning things. So why not take cues from the wisest of us.
Learning from the tiny tots
Lesson No. 1 - Focus on one thing at a time
Children focus on one thing at a time to the exclusion of any external disturbances. Give the child a toy and he will lose himself fully in it. They will do one task exclusive and concentrate fully on it.
Lessons to learn: Investments should be focused. With over diversification we lose out on the potential big gains we can get from investing in a few good stocks. So focus your sights on those big gainers.
Lesson No. 2 - Move on
His favorite toy just broke and he has big fat tears in his eyes but not for long. The tears last only as long as he has spotted the next thing that captures his fancy. They do not have any regrets and do not look back in sorrow for what has passed.
Lessons to learn: If your investment is not giving you the required gains move on quickly. There is always something new to explore and gain with. Do not be nostalgic about an investment, which has given you a windfall profit in the past. Leave history to the historians. Never hesitate to abandon a venture if something more attractive comes into view.
Lesson No. 3 - Learn from the mistakes
Observe a child when he is trying to keep his toys back in place. He might do it messily at first and they will all come tumbling down the next time he will try to put it in another way maybe the big ones first and then the little ones, This time he will get it right. He certainly knows that mistakes are teaching aids.
Lessons to learn: Adults are notorious for repeating their mistakes. Again and again and again. When will we learn that we cannot time the market or penny stocks are not long-term investments? Making a mistake is human but repeating them is…. well so like an adult.
Lesson No. 4 - Take things on face value
Observe your daughter watching Cartoon Network – she believes that the Power puff girls can fly and have super powers. Children take things on face value and while power puff girls may not have superpowers most things are as simple as they seem.
Lessons to learn: When the company is spurning out a bad report card something must be wrong. Stop looking for hidden meanings and silver linings. Take is at face value and look for a better proposition.
Lesson No. 5 - A good laugh is a cure all
Take your son to a juggler’s show and watch him laugh with abandon as the clown juggler falls down. His face is free of any stress and worries and his mind is crystal clear unclouded by negativity.
Lessons to learn: Hey, I do not mean to sound like a new age Guru here but the best decisions are taken when you mind is calm and clear. You make endless mistakes when you are worried and have things nagging your mind. So have a good laugh and de-stress before making those earth-shaking decisions.
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