Wisdom and Insights from Bradley Binversie
When we look at many of the mistake we make in life, personal and profession, it’s almost always because we reach for something short-term. Let’s look at some examples.
1. Diet- Dopamine rush from sugar or fatty food today vs living healthier for longer in the future. Sugar and fat taste good in the short term, but increases chances for diabetes, heart disease, and cancer.
2. Exercise- Exercise today to perform at higher levels and live longer in the future.
3. Business- The fast money with shortcuts or building the trust of your customers and employees over the long term.
4. Smoking-short term high, but increased risk of cancer, heart disease, and other health problems.
5. Other Vices- Alcohol, Drug Use, Poor Sexual Decisions could all lead to adverse consequences.
6. Spend Money Now or Save for the Future
7. Investing behavior-the overwhelming habit of people in the stock market is trade to try to make short term or fast money. Leads to all kind of risky behaviors such as speculation, leverage, Fear of Missing Out, Panic Selling, Ect.
“Temporary Inconvenience for Permanent Improvement” is a motto we believe in deeply. It is difficult and requires a lot of emotional strength and discipline. It can sometimes even be painful, but if we can hold on, the future payoff will almost always be worth it.
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Wisdom and Insights from Bradley Binversie
