The state of mind which blocks out intrusive stimuli to enable thoughtful and considered reaction. It is not a Stoic acceptance of what is happening, but a purposeful delay in one’s response in order to prevent hyperactivity, rash action and overall animalistic behaviour.
Connections
Time And Space Are Fundamental To Insight
Link Explanation: The linked note discusses how slow, contemplative thought, away from the rush of time and people, is a foundational input to thought, creativity, understanding, and insight. These these two notes are fundamentally the same thing, explaining how moving quickly is not a way of Being that produces the kind of high quality outcomes we are often looking for in life.
Link Explanation: The linked note discusses the requirement of second-level thinking to succeed as an investor. This means thinking beyond the current narrative and staying focused on the true value of a business. This is not an easy task, and it is easy to get wrapped up in the emotions of the market in either direction. To succeed requires thoughtful, slow, thinking. It requires not just hearing the or discussing the contrarian arguments, but processing it and developing a feeling of conviction in your belief. The Vita Contemplativa, is in other words, the required lifestyle for a value investor.