The Happiness Equation
As Brad Steiman of Dimensional fund Advisors writes in this article:
Mo Gawdat, a serial entrepreneur and Chief Business Officer at Google X, tried to engineer a path to joy in his book, Solve for Happy, by expressing happiness as an equation.
HAPPINESS ≥ Your Perception of the EVENTS of your life − Your EXPECTATIONS of how life should behave
According to Gawdat’s model, if you perceive events as equal to or greater than your expectations, then you’re happy—or at least not unhappy.
Investors wanting to increase their wealth and well-being should consider his model. You can’t control many events that affect your portfolio, but events themselves are not part of the equation. Fortunately, you have some control over the two variables driving happiness—your perception of the events and your expectations.
OPEN PDF: The Happiness Equation
SAGE Serendipity: Be warned, this site can eat up way too much time. Livecam’s of nature are addicting unless you’re staring at an empty field. But explore.com has about 170 live feeds hooked in from around the world, from gorillas in the Congo to watching the Aurora Borealis in Manitoba. See what you can find! Enjoy, but set a time limit.