Chapter

Training for Market Cycles through Firewalking and Meditation
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1:15:32 - 1:21:02 (05:30)

Investing in a bear market can be a traumatic experience for those who have only seen bull markets. By practicing meditation and intense training, one can become attuned to the subtle changes in themselves and the market, leading to a better understanding of market cycles.

Clips
The experience of going through a bear market can be likened to walking on hot coals, and it can shape one's perspective on the cyclicality of financial markets.
1:15:32 - 1:18:08 (02:35)
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Bear Market
Summary

The experience of going through a bear market can be likened to walking on hot coals, and it can shape one's perspective on the cyclicality of financial markets. The challenge is to impart this wisdom to those who have only experienced bull markets.

Chapter
Training for Market Cycles through Firewalking and Meditation
Episode
#148: Josh Waitzkin, The Prodigy Returns
Podcast
The Tim Ferriss Show
The principle of building slack into the system is essential to maintain productivity while finding silence allows us to listen and separate the signal from the noise.
1:18:08 - 1:19:33 (01:24)
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Slack
Summary

The principle of building slack into the system is essential to maintain productivity while finding silence allows us to listen and separate the signal from the noise.

Chapter
Training for Market Cycles through Firewalking and Meditation
Episode
#148: Josh Waitzkin, The Prodigy Returns
Podcast
The Tim Ferriss Show
This podcast discusses the trade-offs between increasing efficiency and having adequate time for creativity and personal development, particularly in a high-tech and high-touch business, and the importance of limiting inputs to maintain focus on core principles.
1:19:33 - 1:21:02 (01:29)
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Creativity
Summary

This podcast discusses the trade-offs between increasing efficiency and having adequate time for creativity and personal development, particularly in a high-tech and high-touch business, and the importance of limiting inputs to maintain focus on core principles.

Chapter
Training for Market Cycles through Firewalking and Meditation
Episode
#148: Josh Waitzkin, The Prodigy Returns
Podcast
The Tim Ferriss Show