Ancient wisdom from the Stoics give us guidance today, also for investing

Reading for the 2nd time

Found this book I bought a few years ago on my book stack and started to read it again. It’s a great work by author Ryan Holiday who studied the ancient wisdom of the stoics and is translating it into our world today. Values like courage, mindfulness snd stillness continue to be important today and we can learn from this ancient wisdom.

Who where the stoics?

The ancient Stoics were followers of the philosophical school of Stoicism, which originated in ancient Greece around the 3rd century BCE and was later developed in ancient Rome. Stoicism taught that virtue, wisdom, and self-control were the keys to living a good and fulfilling life. Some of the notable ancient Stoic philosophers include Zeno of Citium, Epictetus, Marcus Aurelius and Seneca. They emphasized the importance of accepting things beyond one's control, cultivating inner tranquility, and living in accordance with nature. Stoicism has had a lasting influence on Western philosophy and continues to be studied and practiced today.

What is in for investors?

I found already several things that are important for investors like the need to keep away from the daily noise and think/reflect more deeply about the situation around or decisions to me made.

Replace „leader“ with „investor“, that’s exactly what is crucial. Especially in the first part of the book about the Mind there is a lot of valuable content that can be applied within Finance and Investing.

Also the general idea of stoicism is very useful, that one has to accept certain things happening and still stay positive and hopeful for the future. Not letting things outside your control, take away your strength and energy. Think of the current or past bear markets. Was it helpful to be frustrated and maybe anxious and full of doubts? Rather not! Better to accept such phases as normal cycles of the market and reflect calmly how to make the best out of it!

If you want to read more…

…then you will find the book on Amazon or on certainly in lot of other shops too. Just seach for „Stillness is the Key“ by Ryan Holiday. Hope you’ll enjoy it as much as I did.