Millionaires or lucky fools in chaotic world

November 1, 2009

In this chaotic world, Wealth or life is more random than we thought. It is the future result which is random, determines our past decisions. It is true that chance favors the prepared. But every intelligent, hard working, persevering becomes successful does not mean that every successful man is intelligent, hard working, persevering. Economic risk takers are rather the victims of delusions. One should not take quality of their knowledge too seriously.

Let us see major events in our life. The biggest difference is created by birth. Some people are billionaires and some are beggars by birth.  In childhood, some of us get undue advantage or disadvantage of our parent success or failures. Marriage can be a boon or bane for a person in life. Two sisters fortune can be turned around after marriage. Also future success or failures sometimes in spouse hand. While growing up, it also matters what kind of friends you have. It may be a chance, what profession you have chosen. In India in 90’s, most of software professionals are somehow successful today. Even in a job, one can get a right conditions or right boss. Some are millionaires because their stock options has done really well whereas their contribution may not be great. Sometimes the nature of work is also highly probabilistic. A regular job earns a steady income whereas investments are highly uncertain or speculative. Most Investments like stocks, real estate, bonds are invested in future.

Why life or wealth is so uncertain? Competition is one of the reasons in chaotic environment. As the competition is growing, the chance of success gets more unpredictable. Take an example of game. If some of the teams are equally competitive, environment (which is chaotic) will determine the result which is uncertain. So it becomes difficult to predict a win. As in case of rolling a dice, if all sides are equal (means competitive), the outcome is unpredictable. If dice is loaded (one team is highly skilled), then there is high probability of winning that side. Three variables are enough to create chaos. In economics, if there is high demand and low supply, the chances of getting a particular item is unpredictable. High price makes it predictable. If supply is high, more and more people will get it and becomes predictable for more people.

Still some people boast that they are self made. They started with nothing and accumulated wealth on their own. This is not possible as we depend on conditions and others for success. Take two examples (source : fooled by randomness). In the first, put 10 managers in a room. Randomly fire one manager monthly without any bias. If you ask the last manager after ninth month, how he survived the competition. He will tell different strategies and ways for his success. But you know in your mind that it has nothing to do with the skill of any manager. Humans are always looking for patterns even if there is none. In another example, send 1000 emails to different people predicting bull market next month to 500 and bear market to remaining 500. After a month, among the successful 500 candidates (based on whether the market ended bullish or bearish) again send 250 emails predicting bear market and 250 emails for bull market next month. Keep on repeating by dividing into half i.e., repeating again for 125, 62, 31, 15 and 7. For these last 7 people you are correctly predicting the market for last 8 months. To increase the number of months, you can increase the initial emails to 10,000 or 100,000. The beauty of this experiment is that we are ignoring the unsuccessful predictions and only concentrating on successful ones. This actually happens in real life. Successful people boast their risk taking capacity (or some other skill), but nobody knows how many people are failing by taking same risks. In India, lots of Gurus or Mahatmas claim that they have cured lots of people by magical powers. They are smart enough to wander from one place to another and keep claiming. If they are so certain, they should settle down at one place and make whole town healthy.

So take your time and check your life events. You might have got enough success in life but may be living in more richer neighborhood or chasing more successful people.  It is possible that successful may be a lucky fool and unsuccessful may be unlucky genius in a world full of chaos.


Intentions with controlled emotion

October 1, 2009

In recent studies, it is found that controlled emotion is one of the major reason which make humans different from animals. So a journey from animal to human and then to spiritual being is actually a journey of uncontrolled emotion to controlled emotions and then to emotionally free. In human societies, it also looks like that intention may not matter but the followed path is important. As a human, Controlled emotions are important to follow a better path.

In one of the example, let’s assume a person arrived in a town of rich people without any money. He is amazed to see the wealth in that town and wanted to settle there. To get wealth from other people, he has two options. One of the methods is to use force e.g., burglary or stealing and the second to start a business. In force method, he is not going to go far as there are legal and other consequences. He chooses second option which has greater acceptance. He started a business by delivering some kind of services. Now slowly he is able to successfully run that business and earned huge profits. He gets lot of fame as people appreciate his success as they know he had nothing when he arrived in that town. In both cases his intentions is to get some part of money from as many people as possible. Even in running business he might be using lots of menial ways to earn profits. In first method, he is forcing people against their wishes to give him money but in later he is creating situations or luring people for money. In second method he is controlling emotion which is equivalent to non violence, patience, acceptance, and doing things smartly.

Let’s take another example. Another person desires a woman in a town. Now he has one option that either he can use a force or rape a woman. Here also there are legal consequences. (Sometime I wonder what goes in the mind of rapist who is serving 10 to 15 years of imprisonment on a rape charges for a few minutes or hours of joy). He can take a different approach which looks menial but has better acceptance. He can either create conditions, seduce her so that woman fell into the trap and the person can enjoy on a longer basis as compared to the earlier one. In this case, woman is willingly agreed to a person and accepted him compared to force method.

In both of the above scenarios, intentions are same which does not look right. But second method is quite acceptable in today’s society. Major difference in both the method is uncontrolled and controlled emotions which can translate to animalistic and human behaviour.  So stop using first method and at least move to second one as a human. After that, if possible to become enlightened and spiritual person, be emotionally free and feel content with the money or women you already have.


Right or Wrong ?

September 1, 2009

Most of the time, we all struggle in life to figure out whether our acts are right or wrong. If one tries to come up with rules regarding wrong act, same act can be proved right under different circumstances. It is very relative and depends from person to person, society to society or from time to time. Even killing cannot be considered wrong all the time.

First of all, why right is considered as right ? Why morality is attached to a right or wrong act ? Is there any conditioning in human that prompt them to achieve something by doing right act ? In case of nature, it does not work on a principle of right or wrong. It balances things by working in duality mode by creating and destroying. This can be seen as life and death, light and dark and so on. Nature does not distinguish whether an act is right but merely creates a balance with contrarian action. Now it can be seen that creation is difficult as it requires a systematic organization of things whereas, destruction is easy. Trees might take many years to grow but can be cut in seconds. Human may have realized that if destruction is easy people might always tend to do that. So to preserve universe or society it becomes our morality to do right things. This has created conditioning of morality in humans from thousands of year.

Now there is still confusion about right or wrong. Just for a thought, in one of Buddha’s teaching (not sure it is true), based on wisdom if you think you are doing something wrong and you cannot avoid it, just do it. But don’t celebrate its success. This way you can avoid wrong doing in the future. Not to produce wrong as far as possible, to practice the many kinds of right.

By taking pragmatic approach, there is another way to tackle this issue.  It can be seen in this universe that things are interdependent on each other. So taking a leaf out of nature, instead of figuring out whether you are doing right or wrong, it is better to undo that action with a contrarian action. This even takes out the necessity of classifying act with right or wrong. Now suppose you are feeling hungry and there is no other way to avoid stealing. You can go ahead and steal from a person who might have a food. But now that stealing should be a debt on you. So whenever you have a chance, you should return back to that person with interest in form of food, money or other equivalent. Obviously this is only help in morality of malefactor and does not deal with law of society. If you get caught in stealing act, you will get punishment. If it is necessary to cut some trees, it becomes your duty to plant those many trees somewhere else. So for each cut tree, two or three trees can be grown. Also make sure that those trees grow. With these contrarian actions, whatever you have taken from a society or universe, you are trying to give it back. This way balance will be maintained. If it is not possible to compensate in the same way, other equivalent actions can be taken with a wisdom or try to avoid that act.

This can be extended to any type of relationships. If your spouse is suffering because of your actions or by some other person and you cannot avoid it, try to compensate with some other actions which he or she likes. The whole system of universe or society is working in an interdependent way. If everybody is trying to do same things, no matter right or wrong it will create imbalance. But as we know doing wrong is easy or rewarding in short term, one should compensate wrong act with right act. So nullify your own wrong acts as much as possible.