Going up and down... In three words, this is how you characterise actual life. However, rather than admitting that life is cyclical and that difficult times are inevitable, we believe that we should constantly be on the upswing.
This conclusion can be applied to many aspects of life. I can't think of a human process that isn't cyclical. Take, for example, personal energy. Wouldn't it be wonderful if our energy levels were always high? Most of us, on the other hand, have days when we feel terrific and days when we feel like a sack of potatoes.
My own energy objective is to maintain as much consistency as possible. I'd rather be at 80 percent of my full energy level every day than 95 percent one day and 30 percent the next.
There is a lot we can control, and even if we work with what we can control, we won't be able to control everything. Personal energy, on the other hand, is an excellent illustration.
You can live a balanced lifestyle with enough sleep, nutritious diet, and frequent exercise, yet you'll still have days when you're exhausted. What is the reason for this? Nobody is aware of this. Mathematics does not apply to the human body and mind. But this is something we don't give enough thought to in our daily lives.
In his presentations about market cycles, Howard Marks makes it apparent that we cannot foretell the future. Just because the market has been rising for X years does not guarantee that it will continue to rise next year. Trends are impossible to forecast.
Understanding the cycles can only help you comprehend your current situation. Marks tells us to “find out where we stand in terms of each cycle and what it entails for our actions” when it comes to investing. Here's an example of a market cycle:
Assume the market is now in a strong upward trend (extreme happiness). Is this a sign that he's on the verge of a panic attack? We cannot make any projections because no one knows how long the current scenario will last.
But first, we need to figure out where we are. We will not be impacted by our environment if we are conscious of what is going on around us. This is one of the most used trading methods. That, I believe, may be applied to life in general.
Listed below are a few examples:
Businesses; Have you been in business for a long time? How many individuals in your industry know about your company? What is the current state of your business? Is your product or service well-liked by the general public? Is it still a novelty that appeals to some but not all? What is the level of maturity in your market?
How many years of experience do you have in your field? What is the diameter of your circle? What is your level of expertise? Are your talents still applicable in the subject of economics?
How do you feel about your energy? Do you have any serious wounds? What is your way of life like? Do you have a drug problem? Do you consume alcoholic beverages? What season are we in right now? Do you become fatigued during the winter?
Everything follows a circular pattern. Some firms thrive for a short period of time before collapsing. Other firms grow slowly and never reach their full potential. At some time, most jobs become irrelevant. You may feel weak for a few days, weeks, or months. Alternatively, you can feel powerful for years and never get hurt or sick.
But nothing remains the same indefinitely. None of the preceding questions or outcomes imply that you can foresee the future. It doesn't mean you'll feel better next week if you've been low on energy for the past four weeks. It's also not a guarantee that you'll feel worse.
We can make better decisions if we know where we are in the cycle. When your energy levels are low, you want to protect it by avoiding acts that deplete it. You want to take a step back when you open up a little, and you don't want to start a new endeavour. So, here's what happens if you do it: It's possible to get burned :)
I make professional decisions based on cycles.
You got a 91.01% upvote from @bidvote courtesy of @divia!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit