PAIN AND PLEASURE — OUR MASTERS

June 22, 2006
By seadmin

"Nature has placed mankind under the governance of two sovereign masters, pain and pleasure. It is for them alone to point out what we ought to do."

—Jeremy Bentham

I’m quite certain Bentham’s proclamation has at some point invaded your decision making process when it comes to the stock market. Hey, it’s totally understandable. Like Bentham says, it’s our nature. But success in the markets, and often in every other walk of life, depends on critical thinking and discipline — characteristics which we all must work to apply to our actions.

When it comes to investing, nothing is more important than critical thinking and discipline. Pain and pleasure may be our masters, but reason and logic can help us break the chains of our nature.

Wisdom about money, investing and life can be found anywhere. If you have a good quote you’d like me to share with your fellow Making Money Alert readers, send it to me, along with any comments, questions and suggestions you have about my radio show, newsletters, seminars, or anything else.

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