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Run towards fear and discomfort not away from it.

Summary:
People try to avoid discomfort and adversity, but that is the wrong strategy. 

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People try to avoid discomfort and adversity, but that is the wrong strategy. 
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

16 comments

  1. 14 million Ukrainians ran away from fear and possible death, and that was the best investment in themselves.

  2. Why be a brain surgeon when you can be an "investor" and make more money? F all those years of learning.

  3. This IMO is the #1 most important thing I have learned from you Mike , mental game and mental toughness. It was the subject of the first video I watched of yours a few years ago. I’ve mentioned your philosophies to many people and they have a look on their face like they could care less. Most people are non receptive. Thank you.

  4. Thanks for your wisdom

  5. There’s a good clip on YouTube of Mike on Fox from 2006/7. He laughed in someone’s face for suggesting house prices were unsustainable and credit markets were overextended.

  6. Great talk Mike! More vids like this one please.

  7. Thanks for the insights, Mike. I am better prepared to look for the opportunities now that I know what to look for. I'm not scared of adversity. I think my biggest challenge is knowing when exactly to take advantage of it.

  8. Keep the videos coming. I believe you to be a charitable man at heart.

  9. Happy Labor Day! I will play this for my teenaged son.

  10. Great, motivational speech about life in general -Thank you, Mike. 👍

  11. That's very bad advice. Every time I push myself past my comfort zone my judgement is off and I injure myself. Then I'm in pain and I can't sleep. Then I need to stay in bed and try to catch up on sleep. Then I miss the important activities. I would say it's better to stay within your comfort zone.

  12. I've held onto a fairly large position that went down for 16 years. It's about a third of what I paid for it. I'm so proud of myself for not giving up. I'm going to hold on to it forever even if I go broke.

  13. Spot on… Thanks Mike!

  14. Excellent work Mike!

  15. Words of wisdom 😊

  16. What you're describing is the story of Job in the bible.

    "Naked I come, naked I go, praise be the Lord."

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