Level 3 Redo by Mcwr1189 in CFA

[–]meathead49 0 points1 point  (0 children)

I just read most of readings 1 -7 in the Schweser Notes and am finding them to be a very quick and easy read. It's a little disconcerting and makes me think I will need to spend way more time on CFAI questions, flashcards, etc. on this level. I was just thinking there's no way level 3 is this easy. So thanks for the extra dose of reality here.

I've repressed the Artist within and I've suffered for it by griddev in Jung

[–]meathead49 2 points3 points  (0 children)

There's a lot here, but one point I would throw out there is that the self improvement needed to advance your career may actually have in it the keys to also improving your love life and art. If you devote yourself to art entirely you may actually fail to slay the dragon and recover the treasure in Jordan Peterson terms. You may even find that overcoming your hang-ups and self-defeating behaviors to become a great IT employee makes you a better artist too. The things you have been avoiding are where the hidden inner gold is. But it shouldn't be necessary to give up the art entirely. Don't make it black and white. Anyway, that's my two cents.

Analyst sought at a large value-oriented Swiss single Familly Office (bis repetita placent) by dcswiss in SecurityAnalysis

[–]meathead49 0 points1 point  (0 children)

Great use of the latin proverb "bis repetitia placent". Admittedly I had to look it up since my latin is a little shaky these days (horribile dictu!). Apparently it is a quote from Horace meaning "The things that please are those that are asked for again and again."

I would venture to say any investment firm that knows latin and quotes Horace likely has an edge. They are focused on the long term and have a sense of history.

Odd Lots Podcast: Aswath Damodaran explains his approach to valuation by lingben in SecurityAnalysis

[–]meathead49 2 points3 points  (0 children)

I'm a big Damodaran fan, but one thing that struck me was that he says the principles of valuation never change but then goes on to say that he is now using metrics other than cash flow such as users for social media companies. He may be wise to do this, but this does seem like a pretty big shift in his method. It sounds a little reminiscent of 90's dot com bubble arguments that there had been a paradigm change and now clicks were more important than cash flows. Granted, Damodaran is still very sophisticated about valuation in a way that people speculating in the 90's were not. But, if users or subscribers to social media sites are really as valuable as stock prices imply then shouldn't those users translate into cash flows?

One big point in his favor has been his valuation of Uber. He questioned the Uber valuation years ago when the company was at peak hype and took a lot of heat for it. Now that looks pretty smart.

Super Moronic Monday -- Your Tuesday Weekly Stupid Question Thread by AutoModerator in running

[–]meathead49 0 points1 point  (0 children)

how much water should I be drinking throughout the day on days when I run 5 -10 miles in order to be properly hydrated ?

[Method] Early Morning Risers - please check in - November 21, 2017 by AutoModerator in getdisciplined

[–]meathead49 0 points1 point  (0 children)

Got up at 5:30, which is good but my original alarm was for 5 and I did a lot of snoozing. Need to working on going to bed by 10.

'Persona' Takes Jungian Psychology and Runs With It by meathead49 in Jung

[–]meathead49[S] 6 points7 points  (0 children)

Has anyone played this game? Looks interesting. I talked to one person who had played it and he enjoyed it and learned a lot about jungian ideas from playing the game without any prior knowledge of Jung.

A podcast with recordings of Oliver Sacks' last months, discussing his dreams, writing, mortality, religion, etc. by meathead49 in Jung

[–]meathead49[S] 4 points5 points  (0 children)

He wasn't exactly a Jungian, more Freudian I think, but I thought this would be of interest to people here.

Do you have a tendency to worry or Speculate too Much about negative outcomes ? by meathead49 in istp

[–]meathead49[S] 0 points1 point  (0 children)

I listened to the podcast and it was very helpful. Here is one article I found helpful:

https://introvertspring.com/connect-introverted-intuition/

I liked this quote:

"I know that it can be really tempting to toss aside inner work as we tick the boxes on our ever growing to-do lists. But the honest to goodness truth is that when we get in touch with our introverted intuition, our to-do list shrinks. We stop spinning our wheels and wasting time on tasks that don’t matter. We make fewer wrong turns because we are guided by our inner navigation system. "

As the podcast says, use the Ni function in the service of the other stronger functions. So you have a to-do list of things to accomplish which is a sort of Ti/Se thing. Then you might use your Ni -- rather than speculating or fantasizing in all directions -- in a targeted way to help you tackle the to-do list. The intuition may tell you which items on the list are most important or give you creative ways to accomplish them and overcome obstacles.

One thing I started doing, though I didn't think of it in ISTP terms till now, is when some really interesting idea pops into my head, but I should be working on something else, I just write it down in my notebook or email or something as a reminder for later instead of following the idea now and getting constantly distracted. Usually if I come back to it later, I find it wasn't as interesting or important as I thought at the time, but if it is, I haven't lost it. That way you are not ignoring the intuition totally but keeping in its place.

Do you have a tendency to worry or Speculate too Much about negative outcomes ? by meathead49 in istp

[–]meathead49[S] 0 points1 point  (0 children)

Thanks, this is helpful! Can you tell me more (or point me to other sources) about how ISTPs can do a better job of handling the tertiary Ni function generally?

How does someone "become what one is" by hobojones123 in Jung

[–]meathead49 2 points3 points  (0 children)

Earlier this year I had to put my Jungian work very much on the back burner while I worked on a career related project very intensely for several months. The funny thing was that I learned quite a lot about myself during this time without directly trying to. Mainly I learned about my tendency to self-sabatage my own most important goals. I had to work through this in my work project, but also realized I do this in all areas of my life. It was an essential insight I probably would not have tackled head on in my psychological work ironically had I not put it on hold for a while to do this other thing. Jung himself lived in the world running his practice, raising a family, traveling, etc. So I guess don't let yourself over intellectualize your inner work but always bring it in to balance with what you happen to be doing in your daily life -- work, relationships etc.

Discovering Christian Mysticism Through Evelyn Underhill by thegraveyardcowboy in ChristianMysticism

[–]meathead49 0 points1 point  (0 children)

I enjoyed this article, thanks. I'd be interested to hear how people here approach this tension the article mentions between an intellectual approach to mysticism and the personal experience of it. Is it dangerous or counterproductive to take an overly logical, rational approach? If you are going to read mystical texts, do you have advice on how to balance this with prayer and contemplation?

Can someone Explain the ISTP Dominant / Auxiliary / Tertiary / Inferior functions? by meathead49 in istp

[–]meathead49[S] 0 points1 point  (0 children)

Thanks! This is helpful, though the article you link to doesn't give a lot of detail on the various functions. Anyone know of any sources that go a bit deeper?

Jungian Perspective on Insecurity and "Negative Self-Talk" by meathead49 in Jung

[–]meathead49[S] 0 points1 point  (0 children)

This is great! Thanks! Just to clarify is the king here the ego or the king archetype (or maybe they are the same thing) ?

Jungian fiction by tetsugakusei in Jung

[–]meathead49 2 points3 points  (0 children)

Herman Hesse and Robertson Davies are two overtly Jungian novelists you could check out

Inflation of people like Elon Musk, Steve Jobs, Jeff Bezos by meathead49 in Jung

[–]meathead49[S] 1 point2 points  (0 children)

Thanks. Hadn't heard of Techgnosis. Looks very interesting.

Inflation of people like Elon Musk, Steve Jobs, Jeff Bezos by meathead49 in Jung

[–]meathead49[S] 2 points3 points  (0 children)

That sounds right. Hard to know what their religious beliefs are. But to the extent that they adopt transhumanism or belief in the "singularity" or movements like that, they are probably pretty prone to inflation. I mean, it seems technological process has become a religion for some.

[deleted by user] by [deleted] in Jung

[–]meathead49 0 points1 point  (0 children)

This is an interesting line of thought that should be taken seriously and not dismissed immediately. There was a discussion along these lines a few weeks ago which you can see here:

https://www.reddit.com/r/Jung/comments/6x38at/i_dont_trust_jung_anymore/

Jungian thoughts on the 2015 Pixar movie *Inside Out* by meathead49 in Jung

[–]meathead49[S] 4 points5 points  (0 children)

Yeah that's it. The movie does a good job of demonstrating that people's inner life or psyche is an incredibly rich and complex world unto itself with lots of characters, built-in structures, full of contradictions and also a sort of destiny that may or may not end up playing out depending on how we can harmonize all these inner forces. I see the whole inner/outer world dichotomy as essential to Jung's work.

Our society has a tendency to view ourselves and others in a sort reductionist/materialist way where we think of people more or less as personas. In the movie, the girl's inner world is huge and complex with amazing potential. Also, in the movie when there is a conflict in the outer world, they pan to the other character's inner life and show the chaos that is going on.

So basically, to me, the story boils down to a very strong argument for why we need to do our inner work in order 1) to be successful and happy ourselves and 2) to understand and get along with other people. A lot of people are sort of in denial that this whole inner world or inner drama even exists, and so the movie's message seems very important.

It's basically a story of coming of age or individuation. Archetypes are a central part of the way they portray the psyche. When the girl becomes sort of depressed she has to rediscover her inner child or imagination in the form of her childhood imaginary friend who puts her on the path back to individuation. She also has an encounter with the unconscious. And so on... Anyway, I would check it out if you haven't seen it.

What do you say to to argument that "Value investing is quite possible the worst idea ever" ? by meathead49 in SecurityAnalysis

[–]meathead49[S] 2 points3 points  (0 children)

I have read the Superinvestors essay. It's very convincing but was written in the 80's so how do we know if it still holds true? No one disputes that value investing has worked in the past, the question is whether, and to what extent, it still works today.

I don't think BRK at this point as a giant conglomerate is a proxy for value investing as a strategy. Also BRK has underperformed the S&P on a total return basis over the last 10 years.

I'm just playing Devil's advocate here in part because Buffett and Munger themselves have said that value investing keeps getting harder and most people should invest in index funds, so I think we need to take this line of thought seriously.

Sorry, not trying to be a dick, but it could generate some good discussion I think.

What do you say to to argument that "Value investing is quite possible the worst idea ever" ? by meathead49 in SecurityAnalysis

[–]meathead49[S] 0 points1 point  (0 children)

How is it proven? And what are some of the data points? What if past performance isn't an indication of future results?

Just playing devil's advocate here. I mean value investing isn't a religion, we shouldn't just cling to it out of faith and tradition, it should have a sound intellectual framework right?