1/17

IKIGAI : A reason for BEING .

I have structured the essential bits & pieces of the book in a flow for easy understanding + compiled some handwritten notes.

As always these are just MY TAKEAWAYS from the book :))
#ikigai
#BookReview
#BookRecommendation Image
2/
Firstly what is #IKIGAI ?

The Japanese call it - A REASON TO JUMP OUT OF BED EACH MORNING.

It's a convergence of 4 things .
*What you love
*What you are good at
*What you can get paid for
*What the world needs .

We need to find our Ikigai in life!
(Pic from the net) Image
3/
Let's begin with DAILY HEALTH HABITS.

A SOUND MIND IN A SOUND BODY .

Both our MIND & BODY must be exercised well to avoid deterioration in latter years of life .

Have a mental workout routinely by stepping out of your COMFORT ZONE.
Expose yourself to CHANGE.
#RewireBrain
4/
For a sound body there's no need to exercise relentlessly . Regular Yoga, Surya namaskar and Gardening is more than enough.

Don't be a couch potato! 🤷 Keep moving !
Our metabolism slows down just after 30 min of sitting sedentary.
#KeepMoving
5/
#StressKills

Most health problems are STRESS INDUCED.
Hence TAKE TIME OFF every now & then .
SLOW DOWN !!
Life isn't a race .So stop running all the time.

Condition your mind to enjoy each moment by practising #Mindfulness.
Be Self aware & aware of your surroundings!
6/
*SLOW DOWN THE AGEING PROCESS

2 dispositional traits found in people living a long and healthy life:
* A positive #ATTITUDE .
* A high degree of #EmotionalAwareness

A few pointers on How to Keep our Mind & Body from ageing overtly
👇 Image
7/
Work hard but don't get overworked about it .
Enjoy the process & the learnings!!
Results shall follow.

Variety is the spice of life.
Learn to take price and thereby enjoy even mundane chores aka daily movements of #microflow

#EnjoyingEverydayLife
8/
🙂🙃🙂🙃🙂🙃🙂🙃 !

Smile a lot and learn to celebrate the little things in life .

Someday you shall look back to realise those formed the biggest part of your life .

Practise Contentment & Gratitude.
Be Curious always!
#LittleThingsMatterTheMost
9/

Learn something new each day .
Laugh out loud . Never take yourself seriously !!
Humour is much needed to reduce anxiety.

Don't worry too much . Extra worrying shall not change anything!

Do something constructive for the community & create things of value.
#BeOfValue
10/
SOME INTERESTING CONCEPTS

*WABI SABI*
There lies such beauty in the imperfections , fleetings of nature all around us .
Choose to see beauty in the flaws, in the incompleteness of things and people.
Each one of us is unique!!
Embrace this uniqueness.

#BeUnique
11/
* ICHI - GO ICHI - E *
This moment exists only NOW and won't come again .

Stay in the moment. ENJOY the present that life brings us.

Don't dwell in the past .
Don't predict the future .
12/

LOGO THERAPY.

Popularised by Victor Frankl who believed that everything can be taken from a human ,except THE WILL to live .
That becomes the reason to live.
We just need to DISCOVER it .

For he who has a WHY to live for, can bear with almost any HOW .😇
13/
GO WITH THE FLOW IN WHATEVER YOU DO .

Why is this necessary?
When we flow we are focused on the task at hand . NO DISTRACTIONS.
Helps keep mind in order & ensures quality output.

#GoWithTheFlow
Elaborated in these notes .
👇 Image
14/
Meditation is recommended always for a calmer mind .
But we are often confused / clueless as to how to meditate !

Often we give up as we find our mind straying when we try to meditate . 🤷

The trick lies in "NOT TRYING " . :))
👇

#meditation Image
15/
*ANTI FRAGILITY *

As Taleb says , we need randomness, mess , adventures. uncertainty , self discovery and trauma - All of it ; to make life worth living .

Let's become Anti fragile by
learning to get rid of things that make us Fragile .

HOW ?
👇 Image
16/
To sum it up ,
These are the 10 Rules of Ikigai.
ALL SEEMINGLY OBVIOUS.
But ultimately we need to delve deep within ourselves to find OUR IKIGAI - Our purpose .

The book just emphasises on certain aspects and approaches that help us on our self discovery journey. Image
17/17
We all have the capacity to do noble or terrible things.
The side of the equation we end up on depends on OUR DECISIONS , NOT ON THE CONDITIONS in which we find ourselves.

That's IKIGAI for you . :))

* THE END *
#booklovers
#TwitterBookCommunity
@position_trader
This is why you don't ever need to read this book :))

Now you know why . 😇

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More from @VidyaG88

30 Nov
1/6

Here's my list of #BooksToRead for #investors . It is NOT an exhaustive list ,for there is NO END TO LEARNING.
I have tried to incorporate different learning aspects of #investing here .

Hope it helps someone! 🙂🙏

@dmuthuk Sir tagging you for greater reach .
2/6
Beginning with Indian Authors :))

* Stocks to Riches &
* Value Investing & Behavioural Finance - Late Parag Parikh @PPFAS

* The Coffee Can Portfolio - Saurabh Mukherjee

* Of Long Term Wealth & Value Creation - Bharat Shah

* The Dhandho Investor - @MohnishPabrai
3/6

* The Joys of Compounding - @Gautam__Baid

* MasterClass with Super Investors - Vishal Mittal and Saurabh Basrar.

* Articles of @drvijaymalik
A TREASURE TROVE OF INFORMATION . Each article/e-book teaches us so much . One can find it on his website.
Read 6 tweets
16 Nov
1/n

Began tweeting actively this March & this came as a pleasant surprise to me .
Thank you so much everyone for 5k! 🙂🙏

I have varied interests & my threads are on random topics .
Consolidating a few that I think are worthy to make the list.

A THREAD OF THREADS 🙂👇
2/n

*On PERSONAL FINANCE*

A thread on my journey till date in the world of markets and investing, mostly highlighting my mistakes as a beginner .

3/n

*On owning a house *

Having your own space is a dream for all of us .
But is it worth taking an exorbitant loan early on ?

Read 17 tweets
13 Nov
1/31
My takeaways from the best seller
#ThePsychologyOfMoney by @morganhousel

It beautifully encapsulates , via chapters , the most under rated factor in investing - The Psychological aspect of it .

Do read the book :)
#BookRecommendations
#booklovers
2/31
CHAPTER 1

What we experience early on (in our adult life) is more compelling than what we learn second hand, which is why each person thinks about #Risk & #Reward DIFFERENTLY.

In theory we SHOULD make our investments based on OUR goals & options available.
3/31

However we tend to include our unique experiences of how the world works (albeit with incomplete information) which might seem crazy to others .

* Spreadsheets cannot replicate human emotions which is why no amount of studying can make one truly UNDERSTAND the underlying.
Read 31 tweets
6 Nov
1/14
* HOW TO BECOME RICH THIS DIWALI 🤑 *

With Diwali around the corner along with our economy rebounding , only fair that we be bombarded with "PATAKA STOCKS" by EXPERTS from Indore to the enthusiastic newbie who made 30% returns on his portfolio ( of ₹10,000) in 1 week 🙄
2/14
So here are my 2 cents gently reminding how much of WEALTH has ACTUALLY been created for the enthusiastic retailers by PATAKA / PENNY / MULTI BAGGER stocks recommended in the past few years .

DISCLAIMER : Being a learner, I am mostly wrong 😇🙏
To each his own .
3/14
A small snapshot of a few Penny stocks ( using this word a little liberally here ) that were recommended LEFT , RIGHT AND CENTRE on Social Media & how they are doing currently :))

P.S - These are still recommended to newbies with the recount of their glorious past ! 🤦
Read 14 tweets
28 Oct
1/8
Often hear salaried people complaining about volatility being the reason they stay away from markets .
IMHO I feel #volatility is not risk . It's actually an opportunity to be capitalised upon sensibly .
( T&C being applicable as always*)
A few pointers on the same.
2/8
* Being salaried helps immensely as one gets a fixed sum of money monthly . Less uncertainty of cash inflows aids in better decision making as we don't resort in knee jerk reactions .

* With proper planning one can keep aside money to invest systematically in markets.
3/8
* In the event of a sudden melt down we won't be forced to sell our holdings for want of money for next month's expenses.

* Thereby , we ensure we do not interrupt the process of #compounding . Otherwise, one is forced to sell even good stocks for want of money . 🤷
Read 8 tweets
21 Oct
1/14
* Some practical tips on #PersonalFinance & #Investment *

Met someone who lost heavily in markets( sizeable amt) which makes me write this thread .

DISCLAIMER : There are exceptions always.However the chances of us being in that exception is rare !🤷 Hence the thread.
2/14

Pls DON'T ENTER markets without ensuring you have
- An Emergency Fund in place
- A good comprehensive Life & Health insurance policy for all .
- Term Insurance ( especially if taken a house on loan)

More details given in the old tweet.
3/14
* INVEST SURPLUS ONLY *

Consider investing in markets as money locked in ( like in a PPF account) for a few years atleast & THEN decide how much money you CAN AFFORD TO LOCK IN.
Else we may have to sell ( even a good)stock at lower price BECAUSE we need money urgently .
Read 14 tweets

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