Friday, December 14, 2012
Avoiding the Collective Karma
by Stuart Wilde
"If you’re very reliant on others, you are linked to their karma. The more you become self-sufficient and self-reliant, the more you are in your own karma, and the easier life is to control."
Your waking intellect (your personality) brings to you an instant karma. For example, if you are diligent and responsible, life tends to treat you the same way.
If you’re uncaring and irresponsible, you pull to you all sorts that will treat you erratically and let you down. If you are out of control emotionally and inattentive, you slip off the sidewalk and sprain your ankle; if you stay in control and focused, you complete your journeys without incident.
If you are generous, people treat you warmly, if you are mean, life treats you more harshly. Your waking intellect bends reality to suit your personality. So quite naturally, you see and comprehend life and events as you want to see them, so you may not realize you are hard on people, and yet you may wonder why life is hard on you. Karma is hidden. It doesn’t usually offer explanations. You have to work things out looking inside yourself.
Beyond the intellect is your subconscious. Very few have much idea what their subconscious mind is or what information it contains. You will see it talking to you in your dreams, but it may offer you such an incoherent hotchpotch of images and feelings, you haven’t much idea what it is saying.
The rise and fall of the Quants.
Robert C. Merton and Myron S. Scholes shared the 1997 Nobel Memorial Prize in Economic Sciences for a "new method to determine the value of derivatives".
The hedge-fund management firm they were on the board of, Long-Term Capital Management (LTCM), was founded in 1994. Initially successful with annualized returns of over 40% (after fees) in its first years, in 1998 it lost $4.6 billion in less than four months following the Russian financial crisis.
This required financial intervention by the Federal Reserve, with a bailout to the tune of $3.6 billion, with the fund finally liquidating and dissolving in early 2000.
Quote source: http://en.wikipedia.org/wiki/Long-Term_Capital_Management
Image source: The Ascent of Money (Documentary). The complete documentary can be seen here.
Woody Allen speaks about Owen Wilson.
"He's a blonde Texan kind of Everyman's hero, the kind of hero of the regiment in the old war pictures, with a great flair for being amusing. It's a rare combination and I thought he'd be great."
source: http://en.wikipedia.org/wiki/Midnight_in_Paris
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