Pattern Recognition: The Key To Achieve More In Life

It’s a hype word that has gained massive attention only recently thanks to machine learning. However, “pattern recognition” has existed long before. Just ask the profitable investors or any human that has ever succeeded.

The path between where you are and where you want to go is not easy to cover. Why do you think so many people do not even venture it, let alone trying?

Some do not know what to do next.
Some are afraid of failure.
Some are too hung up to the uncertainty; “what will happen if I do it?”

The key to facing all these obstacles and taking the step that’s needed to reach your goals is pattern recognition. This is one of the things The Joys of Compounding book by Gautam Baid discusses in-depth.
This is true in achieving just about anything… from the desired fitness level to the sales margin in business.

Recognizing patterns through existing facts and data help you create the right action plan for problem solving and success.

It helps you answer some of the key questions like:

Where are you right now?
Where do you want to go in the short and long-term?
What problems are you facing in the place you are right now?
What are the good things you’re going to experience in the place you want to go?
What are the reasons why you aren’t already doing what needs to be done?
What are the risks you have to consume when taking the necessary action?

Pattern recognition answers such crucial questions that subsequently helps you outline a highly-informed roadmap to success.

This is a technique that investors and traders have long used in making the right decisions. They recognize the existing market trends and its past trends to outline a roadmap towards a high-worth portfolio.

So, if you’re in a position in life where it’s difficult for you to take a decision to go from where you are to where you want to go, pattern recognition could be the key to push you off the fence and set you on the right course.

Read more about this in ‘The Joys of Compounding’, written by Portfolio Manager at Summit Global Investments Gautam Baid.

5 Interesting Ways To Become a Lifelong Learner

“Learning is a treasure that will follow its owner everywhere.”

You stop growing the day you stop learning. And this is just as true about life as it is about investment.

To build a solid investment portfolio, you must have a learner’s mind. You’ve been told this countless times. But in reality, it doesn’t stop there. While you sure must spend time knowing about the technical aspects of investment, even more of your time must go in learning various holistic aspects of life. After all, life and investment parallel on many turns. To that, when you grow as a person, you also grow as an investor — albeit unconsciously.

So, whatever you’re trying to achieve, being a lifelong learner is essential. And this is something Gautam Baid books, along with many others’, teach.

Fortunately, becoming that enthusiastic, curious and knowledgeable person isn’t difficult. It doesn’t have to be forceful.

Here are 5 interesting ways to be a lifelong learner:

Reading is important

Yes, it is. The more you read, the more ideas you come across. And the more you’re open to newer ideas, the better your sense of understanding gets.

So, if you don’t already, start loving reading. Try different genres and authors. Pick topics that interest you.

Buy The Joys of Compounding Gautam Baid Amazon, Think and Grow Rich by Napoleon Hill and other books that pack rich resources.
When bored or have nothing else to do, don’t pop YouTube. Instead, pick books.

Keep up with the latest news

Read news. Keep in know with everything that’s happening around the world. It makes you smart. Plus, you learn new things, which further opens the gate to learn more.

Surround yourself with the right people

It’s true! You’re the average of five people you spend the most time with. So, start hanging out with people who are smart and intelligent… People who are learners themselves.

Teach others

The best way to learn is to teach others. So, get into meaningful conversations with your friends and peers. Teach them things that you know. This not only sharpens your knowledge but it also opens the gates to exchange ideas, which paves you way to learn more. This is what Summit Global investments Gautam Baid suggests in his book.

Be a good listener

You will never learn if you’re acting like a know-it-all all the time and isn’t ready to listen to others. Your conscious will accept new ideas and opinions only when your mouth shuts and ears do the work.

These are five interesting ways of how to be a lifelong learner. It isn’t a destination that you speed up to reach. It’s a process. So, deploy enough patience, get into that mindset where you want to learn everything. And, most importantly, enjoy the process.

Do You Believe In Karma?

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“Karma never loses an address.” Or so the proponent of this cause-effect principle believes.

The argument has long existed where there is such a thing as Karma that implies one reaps what he sows. And the skepticism might seem quite fitting for there are many, even in the public domain, who gets more in return despite their bad intent.

However, on the flip side, one must also consider the staggering number of examples that underscores the positive feasibility of Karma — good get good, bad gets bad… eventually, if not immediately.

In fact, this has been the fundamental principle of so many successful investors, entrepreneurs, philanthropists, and history’s other eminent figures.

When you do good, it creates a positive energy around you. And this positive energy goes on to do good to you. The opposite is just as true. When you do something bad, the negative energy around you delivers you something equally bad.

But it’s okay if you don’t exactly believe in Karma. In the same breath, you also cannot deny that being kind is never bad.

You Will Never Regret Being Kind

Doing good never hurts you. Being nice to others, kind to strangers, helpful to everyone who needs help and just passing a sincere smile to everyone you see — these things never hurt. You will never regret doing them.

Plus, psychologically, they would also make you feel much better about yourself, improving your self-esteem and confidence.

For that matter, donation and philanthropy are highly recommended by everyone whenever you’re feeling down, hopeless or with poor esteem. Many might not embrace its spiritual significance which is linked to Good karma, no one can also deny that doing these things foster a feeling of gratitude, which positively shapes our understanding and hence the reality.

Indeed, the scope and virtues of philanthropy and good karma are very diverse and in-depth. It is one of the things Gautam Baid discusses in his book The Joys of Compounding: The Passionate Pursuit of Lifelong Learning.

Add the book to your summer reading list. Order Gautam Baid The Joys of Compounding on Amazon or Book Depository today.

How To Understand The Art Of Value Investing?

Fundamentally, investments are a way of showing encouragement that the buyer believes the money is worth the product. However, like many other things in life, there are underrated securities that do not get the attention they deserve. While that might appear to be a bad thing, it rarely is. Investments are made on the hopes that it will pay more than it cost. When a smart investor learns how to understand the value of low priced stocks, they have the opportunity to transform their financial situation. In this blog, we are going to look into how you can learn the art of it, and use it for your benefit! Let’s take a look:

Reading books on value investing

Reading can always help with understanding something that you have no idea about. If you set out to look for the top selling investment books, you will be able to gather enough knowledge on the matter in no time. These books tell you about the different signs to look for to find out the true value of underappreciated stocks. Once you can do that, the rest will fall in place quite easily!

Supplement with informative videos

Informative videos are the best thing there is, if you are looking to fill the gaps of knowledge after reading a value investing book. Since online educators already know the kind of queries people have, there is a good chance for them to already have the answers you need. Also, since our visual memory is more active, the use of live examples in the informative videos can definitely turn things around for you.Understanding the whole matter before investing is imperative if you want success in the field.

Follow top investment bankers, blogs, and more

There are tons of stuff on the internet to help you with, especially if you want to learn something. You could see interviews of successful professionals like Warren Buffet to find out what they have to say about investing. The reading of online blogs will also help you gain the most relevant knowledge in terms of time and otherwise. These are the 3 things you could do to learn the art of value investing. However, keep in mind that value investing is a process that needs trial and error. If you keep reading without actually giving it a shot, then things will be hardly of any value. So, don’t be scared to invest using the knowledge you have – go small, and with time you will have a much clearer picture!

Achieving Financial (And Location) Independence: The Dream Of Millennials

Doctors, engineers, teachers… these are ambitious dreams of Indian parents for their kids. BUT for the kids really, these options aren’t only unappealing but also passé.

The millennials, today, on the back of the entrepreneurship culture, dreams of achieving financial and location independence. And this is quite evident in many surveys and studies.

62 percent of Indians between the age of 18 and 35 take 2-5 vacations per year.
Another 10 percent travel 6-10 times every 12 months.

Clearly, “freedom” is at the epicenter of their lifestyle. Of course, this, in no way, means irresponsibility, given social entrepreneurship is at its all-time high today.

But comes the biggest question…

Is it possible?

Can we achieve financial and location independence through alternative career paths?

Expectedly, the answer isn’t as simple as a single “yes” or “no”.

It’s Easy (But Not For Everyone)

Today, more than ever, with the power internet provides each of us, living a good lifestyle without settling in one location is easier. However, that doesn’t necessarily mean it’s possible for everyone. After all, it requires effective planning and lots of hard work — both of which are scarce for the majority of the population.

That said though, this doesn’t mean it shouldn’t and wouldn’t be possible for you. If you’re looking to achieve financial and location independence, here are 5 basic tips you should follow:

Start planning as early as possible. And be extremely thorough in your plan. The kind of lifestyle you want, how do you want your future to look like, where do you see yourself in the next 10 and 20 years from now… Think about every aspect of your future.

Once you have the right plan, time now to create a roadmap of how you’re going to make it all possible. This is, of course, the most important and difficult part. Therefore, take your time. Keep your happiness and personal interest at the very center of whatever you decide.

Find the right motivation. Surround yourself with the right people who share the same ideas and visions are yours. This is VERY important. Hang out with inspiring people. Read inspiring books. Watch movies and videos that keep you upbeat, glued to the journey you desire.

Talking about books, pick Gautam Baid book, as well as other books that are centered around investment and business. They can take you a long way in having sufficient idea and ways to stride towards a financially independent lifestyle. In particular, Gautam Baid The Joys of Compounding, is one of the highly favorite books, packing rich resources on investment and life from some of the leading figures in history. Such reads not only keep you motivated, but they also arm you with the right tools that fuel your motivation.

Ace time management. To achieve financial independence, which brings you location independence, you must have multiple sources of revenue. And to have multiple sources of income, you must know how to effectively manage your time.

These are five broad tips on how you can achieve financial and location independence. It won’t be easy, yes! But then the kind of prized lifestyle you’re aiming for, it shouldn’t come easy in the first place, should it? Work hard and have patience.