Hindsight may be 20/20, but does foresight in the financial services industry need to be nearly blind? It’s “upon us” before we can blink. We are often blind sided and left hanging. Today trading is electronic-lightening fast and really, really furious. None of it is for the faint hearted, or timid. Being an FP requires courage, judgment, a quick mind and integrity. And a penchant and need for clarity, clarity, clarity in a murky Street universe. FPs must make sense out of what is often surreal.
Why do markets crash and bubbles burst? Why does epic disaster rush upon this industry so suddenly and terribly? Human nature is fickle and vulnerable, and capable of panic at the drop of a hat, or the tanking of the Dow.
The Wall Street Psychologist’s Gyroscope is a vehicle designed to help you gain and maintain a grounded perspective in the money-mad world of financial services.