How to Approach Economic Volatility Like an MMA Fighter
Welcome to the 133rd episode of the Alternative Investing Podcast!
In today’s episode, I’ll share three important lessons you can learn from MMA fighters to help you thrive despite economic uncertainties.
- Why Preparation is the Best Line of Defense
- Training Like an Animal
- Being Mindful About What You Consume
If you’re interested in learning the similarities between the mindset of an MMA fighter and that of a successful investor, then make sure to listen to this episode!
04:05 Why Preparation is the Best Line of Defense
05:44 Training Like an Animal
08:09 Being Mindful About What You Consume
Did you know that we can become better investors if we approach investing like we might get punched in the face?
A friend of mine, who was a very talented martial artist, and to whom this episode is dedicated, recently shared a story that stuck with me.
He narrated that when he was preparing for big competitions, his coach pulled him aside and said that he would likely get hurt when he stepped into the ring, and the real challenge was how he reacted to that pain and kept going.
Guess what? It’s exactly the same with investing money.
When you invest your money, there’s always a chance that you will lose that money or make bad decisions.
In fact, it’s rare to have a lifetime of investing without any mistakes or setbacks.
Right now, economic pressures are affecting investors’ emotions, creating a unique situation many people haven’t seen before.Read More
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