Saturday, 10 August 2013
Cash is King or Cash is Rotting??? (2)
Just For Thinking ....
Read? Cash is King or Cash is Rotting???
As retail investors in current interest rate environment, how are you coping with your marshmallow test everyday?
1. Eat the marshmallow right away.
2. Wait to eat the marshmallow, while the researcher stepped out of the room. When the researcher returned, the child could then have a second marshmallow. Eating the first marshmallow, before the researcher returned, would automatically forfeit the second.
As you can imagine, most kids had trouble with this one. The video footage of the study is telling… kids closing their eyes… others intently staring at the marshmallow… some pretending it wasn’t there… yet others would play hide and seek with the desk to distract themselves until the researcher returned. Around seventy percent of the children could not resist temptation and never got their second marshmallow. The remaining thirty percent somehow found a way to resist.
Read? The Key to Life Success - The Two Marshmallow Theory
Where is your marshmallow?
Eaten?
Subscribe to:
Post Comments (Atom)
This is one of the reasons why high wage earners has nothing in the end. Also why many people not suitable or not ready to invest in stock markets.
ReplyDelete