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Sunday, November 20, 2011

561. What you Show to the World

There is a difference between what is called in Japan "Honne" and "Tatame". This is the difference between what you really think and what you show to the world. If, for you, the two things are too close, then you are giving the world too much of a lever with which it can manipulate you. Do not let anyone ever know what you really feel or think. Be very clear in your own mind where you stand but don't let those outside know.

Keep the stiff upper lip. Don't let them know what hurts or offends you or what things give you satisfaction. Maintain your outward persona carefully. You can use humour to great effect in keeping the outer world out of your inner thoughts.

If you maintain this outer ring of defense around your mind, you will protect yourself both from those who would be deliberately cruel to you and those who would hurt you through ignorance or through their neutral pursuit of their own ends without a care in the world for your welfare.

Very often, too, if you reveal too much about your own personal inner thoughts, you will not be believed. If, for example, you genuinely want to be good, generous and helpful, without the slightest care for your own gain, you will not be believed because everyone else is thinking one thing and saying another and will assume that you are too.

In particular, do not reveal your true thoughts about business, work, investments etc. The system, economy and the institutions are all set up to keep the wealthy wealthy and the poor poor. Any knowledge that you have that works in your favour and against the status quo is knowledge that has been hard won and is not to be shared with those who would misuse it or use it against you.

This is a very practical application of the principle of Omerta.

560. Warren Buffett on Creditworthiness

"Creditworthiness is like Oxygen - you don't notice it when it's around." - Warren Buffett.

559. Muhammed Ali on Vision

"The man who has no vision has no wings." -Muhammed Ali

558. The Purpose of Trading is Profit

When trading, remember that the purpose is profit. It is always better, therefore, to lose the opportunity than the money.