
How the Mind Filters Truth: Seeing Beyond the Obvious
I recently watched ‘The Big Short’ again.
Such a great movie that, like every time one watches it, it makes you think….
This Oscar winning, best adapted screenplay, movie is based on the non fiction book with the same name by Michael Lewis.
The true story about how the United States housing bubble triggered the global financial crisis of 2007 and 2008.
In a nutshell, it is the true events about a few Americans Fund Managers that caught up with the idea that the US housing market was built on a bubble and started betting that it would burst, 2 years before it actually happened in 2007.
As they were betting on something that had never happened before, banks were eager to sign big deals with them (“easy money”), only to realize later that it cost them billions of dollars and lots of other downsides later.
The narrator at some point asks: ‘what were these guys doing that nobody else was doing?’
The simplest of answers: ‘they were looking!’
How is it possible that the experts did not see a financial crisis that cost the US economy
$5 trillion, 8 million jobs and left 6 million people homeless coming?
Sometimes actually the ones closest to the action are the ones that are the furthest from the solution. Reality is that many times they are embedded with a range of other priorities and agendas.
What are you not seeing in your own life?
Others are seeing what, about your career, business, personal life and relationships, that you are completely unaware of?
If you started looking more closely, what might happen?
Using this insight, that will be the catalyst for an amazing stance 5 years from today, what can you be capitalizing on or avoiding now?
The world is becoming less controllable.
Financial markets are emotional and some 75year cycles have turned annual.
What you have today, you might not tomorrow.
Things that have never happened before are now regular phenomena.
People seem to not be important anymore.
External factors are influencing your life and determining outcomes for you, re-actively as a passenger.
What about jumping into the driver seat, proactively?
Get your own magnifying glass in there too and really look at your needs and determine the journey you want to take!
You might be saying that you lost yourself in all of this, how do you actually ‘look’ and plan your unique journey in a world where GPS’s don’t always work?
It is not easy but completely doable.
You can choose to work with a coach to bridge the gap or below check out the route planner to see what you need to ready you for your journey and the ride of your life.
ROUTE PLANNER
Plan the trip; key in the ignition:
1. Ideal destination
What would this look like if you had no fear and money was irrelevant? If you know where you heading, you can actually get there.
2. Timeline
When do you want to be where and for how long?
3. Experiences
What do you want to learn and experience?
4. Potholes
What are the potential challenges that need backups?
5. Resources
What do you need to for your trip?
Think people, finances, education, habits etc.
6. Roadmap
Your blueprint for your amazing own journey.
7. Start the engine.
Happy travels
As published in leading business journal ASA in May 2016.