Investing and Game Theory

Question: What is the best way to start investing using Game Theory if you have limited financial resources?

Lewis Harrison answers:  As in any other domain using game theory to invest involves knowing how to strategize. Game theory is “the study of mathematical models of conflict and cooperation between intelligent rational decision-makers.” Game theory is mainly used in economics, investing, political science, and psychology, as well as logic, computer science, biology and poker.

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Let’s begin by exploring what it means to be an investor. To invest is to allocate money (or sometimes another resource, such as time, space, information or influence) in the expectation of some benefit in the future. In finance, the expected future benefit from investment is called a return (to investment). The return may consist of capital gain and/or investment income, including dividends,  interest, rental income etc. The economic return to an investment is the appropriately discounted value of the future returns to the investment.

Investment generally results in acquiring an asset, also called an investment. If the asset is available at a price worth investing, it is normally expected either to generate income, or to appreciate in value, so that it can be sold at a higher price (or both).

Investors generally expect higher returns from riskier investments. Financial assets range from low-risk, low-return investments, such as high-grade government bonds, to those with higher risk and higher expected commensurate reward, such as emerging markets stock investments.

Investors, particularly novices, are often advised to adopt an investment strategy and diversify their portfolio.

Diversification has the statistical effect of reducing overall risk.

To be an effective investor there are three elements that one must master:

  1. Knowing how to connect the dots accurately: We live in an interdisciplinary world. And the factors that make something a good or bad investment are complex. If you are well read in a wide range of areas you will come up with a more expansive understanding of these factors and ask a wider set of questions. This will lead to better choices as well as solutions to investment problems.
  2. Information and Influence: If your financial resources are limited you can leverage qualities like time, space and information to get you access to game changers, influencers and other “power-players.” The key element in this is getting information and merging it with clear critical thinking skills. You need to be reading the daily newspaper including specific columns. I follow the BBC, Al Jazeera, CNN, Fox News, the NY Times, the Washington Post, and most of all the Economist. I also follow various news feeds such as Quartz and Digg.
  3. Break out of you own Cognitive Biases. Acognitive bias is a mistake in reasoning, evaluating, remembering, or other cognitive process, often occurring as a result of holding onto one’s preferences and beliefs regardless of contrary information. Cognitive biases will effect investment decisions because they relate to memory, reasoning, and decision-making. The more informed you are and the more you network among those with similar beliefs and interests the more cognitive bias is likely to influence your thinking. This means that in order to be an effective investor you must break out of the box and step out of the bubble into new ways of seeing the investing market-place.

 

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Learn more at RealUGuru.com

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Lewis Harrison is a writer, content-rich, motivational speaker, and an entrepreneur specializing in game based thinking, applied game theory and Game Thinking.

Known as the RealUGuru. He is the author of over twenty-two books published in five languages.  Including the business book.

 

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http://www.realuguru.com/products/printed-books/building-your-business-in-the-new-digital-reality/

 

 

 

In addition Lewis is a  seminar leader, futurist, NPR affiliated radio talk show (WIOXRadio.org) host, success and life coach and a best-selling author.

He is the creator of a web site – www.RealUGuru.com  that focuses on the application of gamification, decision science, positive psychology, happiness,  and visionary thinking to solve basic, complex and extreme problems. He is the creator of a free course on business success and human potential.

Here is a short interview with Lewis;

https://www.youtube.com/watch?v=zp4DtXpPBeM

His company www.eventschairmassage.com offers Corporate chair massage to meeting planners, event planners, association meetings and trade shows. He also offers these stress management and onsite massage services in NYC, Los Angeles, Las Vegas, Chicago, Dallas, Greensboro, Columbus Ohio and many other cities across the United States through www.NoStressSpeaker.com.

 

 

Cause and Effect, Karma, The Butterfly Effect and Tipping Points

I received an interesting article on cause and effect today from a friend.

Critical mass

This is not a superficial subject of inquiry. I use many elements concerning cause and effect in my mentoring, speaking and teaching on game Based Thinking.

The article discussed many ideas related to cause and effect. It started with the idea of karma and moved on the quantum physics and many other ideas.

Karma essentially means that all of your actions will have equal repercussions that affect you. The basic theory is that the universe runs according to certain laws, and one of these laws is ’cause and effect.’ The laws (known as Dharma in Buddhism) decide what affect is received from a given cause. Karma is the ’cause’ part of this theory. In other words, your actions – mental, vocal and physical are your Karma (plural).  In essence, you do are rewarded or punished for what you have done. You simply receive the effect of it. There are many theories and approaches to understanding karma and your belief in one over another of these theories doesn’t mean it is true. The fact that you believe that selfless service will help ‘improve’ your Karma doesn’t mean that it will, and the belief that all of your actions will have equal repercussions affecting you may not be true either.

It seems that many who see themselves as spiritual seekers of one type or another can’t shake this need to believe in Karma. Unfortunately, it is our own mental constructs that convince us that we can observe any aspect of life and accurately distinguish between associated events and cycles of cause and effect. From a short-term perspective, we can look at our own lives and create a narrative that says, “We are affected by reactions to past actions we have taken.”  Of course, in the larger scheme of things, life is much more chaotic and messy than you would think, and even though the universe is a dance of action and reaction, there are too many other things going on that you can neither see, nor even measure.

 

In my mind and experience there is always cause and effect. Of course it is not always linear or domino like. In quantum thinking the place to begin that exploration is with Christopher Alexander and his concepts on Pattern Language (You can wiki either or both).

 

When connecting all of this to brain hemisphere integration (Right Brain/Left Brain Thinking)  the expert is the neuroscientist Julie Bolte Taylor. She had a stroke and kept notes on what was happening as the stroke unfolded. Really wild stuff!

Brain

Here is information on her work including a TED talk.

https://en.wikipedia.org/wiki/Jill_Bolte_Taylor

https://www.ted.com/speakers/jill_bolte_taylor

When exploring cause and effect in game based thinking the places I explore are not only black swan but also critical mass theory and butterfly effect

https://en.wikipedia.org/wiki/Critical_mass_(sociodynamics)

https://en.wikipedia.org/wiki/Butterfly_effect

This is all exciting stuff for the visionary digital thinker.

 

Thanks for sharing my ideas.

 

Lewis

 

Ask Lewis

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Click below to observe a nine minute video interview Lewis  did with the Award winning journalist Phyllis Haynes on why  people suffer:

http://www.youtube.com/watch?v=zp4DtXpPBeM

 

 

Lewis Harrison is the author of sixteen books including

“Spiritual, Not Religious: Sacred Tools for Modern Times” a book of  concerned with personal development, human potential, stress reduction and business excellence.

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Order his book by clicking below:

http://www.amazon.com/Spiritual-Not-Religious-Sacred-AskLewis-com/dp/1499150547

 

 

Or type these words on you search engine subject line “spiritual not religious Harrison amazon”

You can reach him at LewisCoaches@gmail.com

Lewis Harrison is an author, teacher and practical philosopher

 This discussion took place at a small conference at a NYC hotel meeting organized by an MPI certified meeting planner. There were panels on leadership, stress management and brain functions. The event was  part of a conference on stress management.

 

Lewis was a presenter on corporate chair massage. His company – www.eventschairmassage.com –offered some stress management and corporate Chair Massage  at the break-out sessions in NYC.

 

Lewis Harrison offers stress management programs throughout the United  States. Part of this company is his corporate chair massage company, eventschairmassage.com provides seated and chair massage for stress management seminars and trainings as well to special events for  meeting planners and meeting professionals in New York City, New Jersey Las Vegas, Los Angeles, Cleveland, Greensboro NC, Florida and other major meeting and conventions venues.

 

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If you are a social networker please “Friend” me, Lewis Harrison on face book “Like”  my page at “https://www.facebook.com/AskLewis/” and invite others who might benefit.

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Lewis Harrison speaks to organizations and businesses of all types and offers seminars throughout the world on his work on the art and science of decision making through spiritually motivated  “Game Based Thinking”

 

He also offers private fee based coaching programs. 

Call him at 212-724-8782 for more information.

 

Angeles, Meeting Planners Chair Massage,  Party Planners Massage,  Corporate Massage. The best chair massage in NYC, Human Potential Classes, Personal development Courses, Mental health

 

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Click below to observe a nine minute video interview Lewis  did with the Award winning journalist Phyllis Haynes on why  people suffer:

http://www.youtube.com/watch?v=zp4DtXpPBeM

 

 

Lewis Harrison is the author of sixteen books including

“Spiritual, Not Religious: Sacred Tools for Modern Times” a book of  concerned with personal development, human potential, stress reduction and business excellence.

 

 

 

 

Order his book by clicking below:

http://www.amazon.com/Spiritual-Not-Religious-Sacred-AskLewis-com/dp/1499150547

 

 

Or type these words on you search engine subject line “spiritual not religious Harrison amazon”

 

You can reach him at LewisCoaches@gmail.com

 

Lewis Harrison offers stress management programs throughout the United  States. Part of this company is his corporate chair massage company, eventschairmassage.com provides seated and chair massage for stress management seminars and trainings as well to special events for  meeting planners and meeting professionals in New York City, New Jersey Las Vegas, Los Angeles, Cleveland, Greensboro NC, Florida and other major meeting and conventions venues.

 

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If you are a social networker please “Friend” me, Lewis Harrison on face book “Like”  my page at “https://www.facebook.com/AskLewis/” and invite others who might benefit.

oooooooooooooooooooooooooooooooooooooooo

Lewis Harrison speaks to organizations and businesses of all types and offers seminars throughout the world on his work on the art and science of decision making through spiritually motivated  “Game Based Thinking”

 

He also offers private fee based coaching programs. 

Call him at 212-724-8782 for more information.

 

Angeles, Meeting Planners Chair Massage,  Party Planners Massage,  Corporate Massage. The best chair massage in NYC, Human Potential Classes, Personal development Courses, Mental health

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Zen, Business Success and Stress Management

 Zen is a practice that deals with the concept of deep awareness and wisdom  through intuition during meditation, and the application of all this in daily life including in business success

Zen defies definition. It is a philosophy of non-philosophy, an intellectually guided practice of anti-intellectualism, and the un-measurable science of non-being. The practice of Zen is the pursuit of various techniques, chiefly Zazen meditation and the study of kōan, which are designed to confound the logical, rational mind in order to trigger or shock the mind into experiencing states of enlightened awareness.

 

It is rooted in the most profound elements of intuition and life itself, and the facts of unfettered experience. It transcends the dogmas of traditional religious rites and rituals and focuses on cutting through the veil of the unfocused mind to the core, inherent nature of man.

 

Many Westerners are confused by Zen for they assume it is a religion but this is not so. According to the greatly respected Zen Master D.T. Suzuki “It is not a religion in the sense that the term is popularly understood; for Zen has no God to worship, no ceremonial rites to observe, no future abode to which the dead are destined, and, last of all, Zen has no soul whose welfare is to be looked after by somebody else…

 

The attraction of Zen to the spiritual seeker is because it is chiefly concerned with the concept of ‘being’. In the West “Being” has usually been the concern of science, mathematics, and  defining and measuring the tangible world around us in order to create a universal model of reality.  Zen is born out the eastern idea of ‘non- being’, which is best understood as the negation of absolute definitions, and eschews attachment to the world of measurement and form in favor of a practice of non-attachment. It is a pure experience of the world than is expressed often through different systems of philosophy, ethics and esthetics in the eastern world.

 

We were recently offering a seminar on stress management at the Catskills Bed and Breakfast  – www.TheCatskillsbedandBreakfast.com – in Stamford NY. During the breakout sessions we offered stress management seminars that including creative visualization, spirituality in business and onsite chair massage

The question came up. What is Zen?

There is no simple answer to what Zen is? What is known is that its practice leads to a state of knowing that is authentic, unfettered, and expresses one’s actualization. In this state of awareness one has less stress, less anxiety, less greed, and less concern for the mistakes of the past or expectations for the future.

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Click below to observe a nine minute video interview Lewis  did with the Award winning journalist Phyllis Haynes on why  people suffer:

http://www.youtube.com/watch?v=zp4DtXpPBeM

 

 

Lewis Harrison is the author of sixteen books including

 

Ask Lewis

“Spiritual, Not Religious: Sacred Tools for Modern Times” a book of  concerned with personal development, human potential, stress reduction and business excellence.

 

 

 

 

Order his book by clicking below:

http://www.amazon.com/Spiritual-Not-Religious-Sacred-AskLewis-com/dp/1499150547

 

 51jJKbga9tL._SX331_BO1,204,203,200_

 

Or type these words on you search engine subject line “spiritual not religious Harrison amazon”

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You can reach him at LewisCoaches@gmail.com

Lewis offers stress management programs throughout the United  States. Part of this company is  his corporate chair massage company, eventschairmassage.com provides seated and chair massage for stress management seminars and trainings as well to special events for  meeting planners and meeting professionals in New York City, New Jersey Las Vegas, Los Angeles, Cleveland, Greensboro NC, Florida and other major meeting and conventions venues.

 

oooooooooooooooooooooooooooooooooooooooo

 

If you are a social networker please “Friend” me, Lewis Harrison on face book “Like”  my page at “https://www.facebook.com/AskLewis/” and invite others who might benefit.

 

oooooooooooooooooooooooooooooooooooooooo

 

Lewis Harrison speaks to organizations and businesses of all types and offers seminars throughout the world on his work on the art and science of decision making through spiritually motivated  “Game Based Thinking”

 

He also offers private fee based coaching programs. 

Call him at 212-724-8782 for more information.

 

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A Problem Related to Spirituality: Understanding the Concept of Free Will

Until the End of May these blogs will focus on problems related to creating a spiritual life.

Lewis Answers: One of the most commonly discussed ideas among thinkers great and small is whether human have freedom of choice or is everything we do predestined? Historically, there have been two schools of thought concerning whether or not we have free choice. 1. Determinism: This is the idea that for everything that happens there are conditions that dictate that, given those conditions, nothing else could happen. 2: Metaphysical libertarianism: Implies that though there are many factors, variables and events that cross our paths the individual may be able to take more than one possible course of action even under this set of circumstances. Metaphysical libertarianism is concerned with how something is known rather than what is known.

The principle of free will has religious, ethical, and scientific implications especially for a student of the Wisdom Path. Recent  neuroscientific findings regarding free will may suggest different ways of predicting human behavior, which is an essential factor in the creation of life strategies.

Even if free will exists there are always going to be constraints that define how we are able to make choices such as physical constraints (e.g. chains or imprisonment), social constraints (e.g. threat of punishment or censure), or psychological constraints (e.g. compulsions or phobias). In fact, some important thinkers concerning this discussion (compatibilists) will often assert that determinism is not just compatible with free will, but actually necessary for it.

In the end there is actually no way to know if there is or not free will. The illusion of ordinary life convinces us that we are free to choose but there is much evidence that could prove that this is not the case. The best one can do is live daily applying the four pillars that define the Wisdom Practice – Meditation, the study of koans, chop would and carry water, laugh sing, dance and be silent.

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Lewis Harrison is a poet, author, teacher, speaker, life coach and contemporary spiritual teacher and mentor. He is the creator of www.AskLewis.com. Lewis specializes in helping individuals and organizations solve basic and seemingly unsolvable problems through the application of principles and ideas drawn from Decision Science, Positive Psychology, Game Theory, Zen, many of the great thinkers and from his personal life experiences.

Lewis will be teaching a weekend program “Make, Choices, Not Excuses” in Oneonta, New York May 3-4

To learn more about Lewis’ work go to “Ask.Lewis.com”

“Like” us on Face book at “facebook.com/AskLewis”

Thoughts on Peak Experience

I began my career as a motivational speaker. This peaked my interest in life coaching, spirituality, positive thinking, success, personal power, and issues related to “self-help” and personal enlightenment. Over the years I have gotten to meet many extraordinary people. Occasionally I receive a gift in the form of an e-mail full of life and wisdom. I recently received such an e-mail from a deep thinker and world traveler named Vicky Kapatos. The letter she wrote was very kind and enlivening and I wanted to share it with you.   Enjoy, Lewis Harrison – www.AskLewis.com ooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo Dear Lewis, I just read your definition of the peak experience and I got shivers down my spine as you put it in such an eloquent way and decribed it so perfectly how I experienced it that it blew me away.  I wanted to share my experience with you as you hit the nail on the head.  Thanks so much. Regards Vicky  My three peak experiences were so profound they changed my life and “blew” me away. They made an orgasm feel insignificant or mild. The peak experience which I call the mystical experience as I am spiritual but not religious, was so ecstatic that I felt unified and unseparated and “whole” with the world. An intense love agapi not eros takes over your being and you transcend ego but ego is still there in a refined state. It’s seriously amazing and hard to explain. Only to people that have had them know what you’re on about.  So it can be a lonely experience trying to explain to people what they are without sounding weird.  So I usually shut my trap about it, only at appropriate seminars, workshops I will discuss if it is raised. One happened with an ant on the ground on a bush walk feeling serene and sunbathed as I was walking in nature, I looked down and saw this bull ant which I nearly stepped on accidently. I raised my foot and an immediate sensation took over where the ant I were one and unified and an intense love for it took over me. Deep compassion and love for this creature permeated my consciousness This lasted approx 2 minutes. One happened with walking on the beach very early in the morning waiting for the magic of sunrise, the sun was me and I was the sun and I felt a deep protection and blessing. This one was so intense I had to surrender almost in prayer on the sand. The other with a beggar on the street near the sacred temples of Mahabalipurum Chennai India, when I looked into his eyes I saw his soul. Again I was him and he was me, not separated. Deep love and compassion for him and I were one. My husband had to take me back to the hotel as I was and “spun” out by it in awe. The effect it has is profound.  It intensifies humility, compassion and empathy and helps you surrender to a greater force than you as you are not separate from the world, humanity and nature. It all becomes one living consciousness and you are of it and in it. Hard to explain using platitudes, it really is an experience, words do not do it justice. Vicky PS I was not on any mind altering substances in these experiences. I am wary of anyone that tells me they’ve had a peak experience on drugs. Then it’s not the real thing. Only in a natural state can this truly occur. Drugs are a poor mimic of a true potential The peak experience is what I believe helps in self actualizing or self realizing. Everybody has it in them its a matter of trying to assimilate the ego into doing things that really matter to our true nature, experiencing by leading an authentic life, which ​I have been trying to do for over 30 years now.​  No one should ever think they are special having one of these as you are not.  God does not discriminate. The peak experience is a small taste of the ecstasy of God ​for me​. oooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo