Mass
Psychology III
We are going to provide the third and final excerpt from
this truly inspiring book that was writing by a gentleman
that was born before his time in the 1500’s. Later in the
week we will provide the full name of the author, the title
of the book and where one can purchase this book for between
3-5 dollars. In addition to this we will provide a link that
will enable anyone to download a free copy of one his books;
this book is different from the one we have quoted.
We have stated so many times in the past that the basic
principles of mass psychology are so simple, that its
simplicity is what makes it difficult. The masses are taught
that everything good must be hard to learn or acquire;
nothing could be further from the truth and the only thing
true here is the stupidity behind those that make this
statement. What so called experts, master psychologists,
economists and the general masses are doing is that they are
confusing the concept of hard work with patience. Patience
and hard work have nothing in common; in fact many impatient
individuals are very hard working and they are forever
getting clobbered on the head when it comes to investing and
consequently many patient individuals hardly work hard at
all, yet they make some of the best investment choices out
there. The only two things one needs to succeed in life are
patience and discipline and if one masters these one masters
mass psychology or put in another way if one masters mass
psychology one masters these two very important
disciplines. Thus never ever make the mistake of confusing
hard work with true success for they are not connected at
all. We use the word true success because one can indeed
make a lot of money from working oneself to death and
neglecting ones health or the development of ones mental
facilities but then is it true wealth or true success if you
have several million in the bank and your health is shot to
pieces. We would actually call that true poverty for
without your health all the money in the world is worth
nothing. Optimum health is priceless.
So to summarise one has to be willing to take a deep look at
oneself, one has to be willing to strip all the layers of
deceit or pretence one has put up for the rest of the world.
Only then can one get an insight into what one wants. It
does not take a lot of work, all you have to do is sit down
and honestly ask yourself what is it that makes you happy?
To help your mind fall into the right state all you have to
do is go back to your childhood or to a time when you had
almost nothing to worry about and then look at what it was
that made you happy then. 9 out of 10 times you will find
that those very same things that made you happy then are
what will bring joy and light to your life now. When you do
this also you will be able to instantaneously see all the
nonsense and the fake lives everyone around you is living.
When you see this you will be able to spot a good investment
from a bad one, you will be able to understand that the
principles of patience and discipline have nothing in common
with hard work, in fact they are very easy and simple to
master. But to do all this you need to strip yourself to the
very bare bones and then and only then will you be in a
position to truly take the first powerful step up on the
stair case of understanding mass psychology. As more and
more investors enter into the financial markets and start to
tinker around with fundamental analysis and technical
analysis; the only true powerful tool that will separate you
from the packs will be mass psychology. As we enter the 21st
century this old and almost forgotten science is going to be
one of the most powerful tools out there; it worked
marvellously centuries ago and it will continue to work
marvellously centuries after we are gone. That’s not to say
that TA will have no place in investing; it will always have
a place and those that master it properly will always be
able to use to it lock in handsome rewards but imagine how
much more rewarding the experience of investing will be both
on a personal and a financial level if you master the simple
principles of mass psychology.
In the
study of history we must thumb without distinction every
sort of author, old or new, French or foreign, in order to
get at their great variety of matter, But Caesar in my
opinion, deserves particular study, not only for his
knowledge and manner but for himself. Aside from the false
colours with which he seeks to paint over his bad cause and
the filth of his pestilent ambition, the only fault I can
find with him is that he spoke too little of Caesar.
In
reading history I am accustomed to consider who and what the
author may be. If he is a professional writer, I expect to
learn from him mostly style and language. If he is a lawyer
we should note what he offers on civil government, legal
controversies and the life; if an ambassador, what he says
on the sources of information and the conduct of
negotiations. We should always bring the cobbler to his
last.
I like
historians who are either very simply or very capable. The
simple ones make it their business to merely collect what
comes to their hand and record it faithfully, without
discrimination or contributing anything of their own mind;
they leave us to our own judgement in getting at the truth.
Such for example is honest Froissast, who is frank enough,
when he is caught in error, to correct it on the spot and
who gives us the varied accounts made to him of the same
event and even the rumour current in his time. His is the
naked raw material of history, which everyone may profit by
as far as he is able.
The
really capable and excellent historians posses the judgement
to sift the reports that come to them, and choose those most
likely to be true. From the mind and character of a prince
they deduce this intentions and put the proper words in his
mouth. But certainly this privilege belongs to a very few
As for
the others, who fall between the two (and they are the
majority), they spoil everything. They want to chew our meat
for us. They assume the right to judge history and
accordingly distort it to their own bias. They undertake to
select what is worthy to be known and often hide from us the
very word and gesture which would teach us the most. They
omit as incredible as anything they can’t understand and
many things, perhaps because they don’t know how to express
them in good Latin or French. For the most part, but
especially today, your historian or biographer is elected
for work because he knows how to handle language as if we
were to learn grammar from them. They are hired to weave the
reports they pick up on the streets into a pleasant jingle
of words, and sell us so much babble. But good histories
are those written by men who either commanded or
participated in the events they describe or at least have
had similar experiences. Even so, the research for truth is
delicate. Asinius Pollio found mistakes in the histories of
Caesar himself, either because he could not have his eyes
everywhere or credited the false account of his lieutenants.
As a
mater of fact the knowledge we have of our own affairs is
obscure enough. To aid my weak memory I have adopted a
custom of late to note at the end of very book I read (and
do not intend to read again) the date when I finished it and
what in general I thought of it. And yet it has befallen me
time and again to open a book as new and untasted which I
had carefully read a few years before and scribbled up with
my notes.
As we
stated we would finally provide the name of the very wise
and learned gentleman we have been quoting for the last 3
weeks. His Name is Michel de Montagine and the
title of his book his Michel de Montaigne-
The
complete essays. You can acquire them from Amazon for as
little as 10 dollars.
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