291- Being Thankful in Life and Investing
b"This has been an emotionally exhausting year for everyone, and you\\u2019ve probably been affected in one way or another.\\n\\nGratitude can be a powerful tool for resilience in the face of adversity, so this week we\\u2019re practicing being thankful before the upcoming Thanksgiving holiday. We are incredibly grateful for all of our listeners and hope you enjoy thinking about investing from a different perspective this week.\\n\\nYears ago, I spent some time in Japan with a good friend of mine named Wahei Takeda. He\\u2019s known as the Warren Buffett of Japan, who made his entire fortune from scratch in post WWII Japan.\\xa0\\n\\nWahei told me that the most important thing that you can do every day, the thing that was responsible for him making billions of dollars, is \\u201cBe thankful 1,000 times a day.\\u201d This hit home, as I felt like I\\u2019ve been doing it my whole life, but I\\u2019ve never heard anyone put it into a formula for making money and using it as a guide to investing. Wahei calls it, \\u201cMaro Up.\\u201d \\u201cMaro\\u201d means being thankful.\\n\\nWhen Wahei buys a company, he goes to the CEO and tells them that he wants them to learn the technique of being thankful. This idea of being thankful must be really basic and fundamental to some kind of law of nature.\\n\\nSo this week, I challenge you to be aware and thankful as much as you can. Put yourself in that psychological position of gratitude. Be thankful for your investing knowledge, and all it has given you in your life. Be thankful for your computer that allowed you to learn, and your ability to read so you could consume life-changing information.\\n\\nThere\\u2019s something about it that\\u2019s so powerful! It turned Wahei, who was poor, struggling in a country that had been devastated, into a billionaire. If it worked for him, we should try it too.\\n\\nGet inspired to invest like the world's greatest investors with this free guide. Click here to download: https://bit.ly/3f82b0x\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"