Recommended Books

Feeling Good

David D. Burns, M.D., is a clinical psychiatrist. His bestselling Feeling Good: The New Mood Therapy has sold more than three million copies to date. Dr. Burns has become a popular lecturer for general audiences and mental health professionals. Plus, a frequent guest on national radio and television programs. Feeling Good -Summary How Depression Occurs In the United States, 5.3% of the population has depression. The lifetime risk of depression is 7-8% in adults and higher for women. Forty years ago, the mean age for the onset of depression was 29.5. Today, it has halved to 14.5 years. This reduction in age can be attributed to more significant mental health awareness and social media’s impact on the younger generation. Though rates differ around the developed world, the incidence of depressive illness has risen dramatically since 1900. Prior to the 1980s, depression had been the cancer of the psychological world. Depression was widespread but difficult to treat. Additionally, the taboos associated with it made the problem worse for most people. Many of these same problems still persist today. As with cancer, finding a ‘cure’ has been the holy grail of depression. Everything from Freudian psychoanalysis to shock treatment has been applied to the problem. Although some of these treatments have had initially promising results, the improvements have not been substantial and are unsustainable. Subsequently, anti-depressants and other medications have been introduced. Although these medications have changed some people’s lives, the problem of depression is still more impactful today than in the past. Dr. Burns provides an outline of how depression occurs: 1. An event takes place in the outside world that has the potential to be experienced by you. 2. You interpret the event through a series of thoughts. These thoughts are called your internal dialogue and impact on how you process the event. 3. Your feelings are created by your thoughts and not the actual event. In other words, the way you think in any situation will determine how you will feel about it. Seeing Through Black Magic In the history of psychiatry, depression has always been seen as an emotional disorder. As a result, most therapy has aimed to help patients get in touch with their feelings. Subsequently, most therapists have believed that maturity means opening up and expressing what’s inside. This is an assumption based on the view that one’s feelings “…represent a higher reality, a personal integrity, a truth beyond question.” Despite these assumptions, there is a wealth of evidence suggesting depression is not an emotional disorder. This point is supported by one of the most effective depressive treatments, cognitive therapy, not focusing on emotions. Instead, cognitive therapy identifies cognition, or our thoughts, as the cause of depression. The bad feelings associated with depression all stem from negative thoughts. Therefore, treatment must focus on challenging and changing those thoughts. Burns includes a list of ten ‘cognitive distortions,’ such as all-or-nothing thinking, overgeneralization, disqualifying the positive, jumping to conclusions, and giving ourselves labels. By understanding these distortions, we can better understand the idea that ‘feelings aren’t facts.’ Instead, feelings are only the reflections of our thoughts. Cognitive Distortions After introducing readers to the importance of cognition, David Burns outlines the underlying factors. When you interpret an event as negative, you are engaging with cognitive distortions. Burns describes these interpretations as cognitive distortions as you are creating distorted thoughts that lead to unpleasant emotions. Occasionally, events are genuinely unpleasant and need to be interpreted accordingly. However, we still have to remain realistic about these interpretations. For people who suffer from mild levels of depression, those cognitive distortions become habituated. Subsequently, these individuals start perceiving everything in black and white. The following sections will cover the most common cognitive distortions identified by David Burns All-or-Nothing Thinking Let’s say that you want to learn stand-up comedy. You took some classes. Then, after a month, you decided to give it a shot and go live. You go on stage and start cracking the lamest jokes because you are nervous, and it is your first time. The audience gets bored and leaves. As a result, you start to think that you never have a chance to become a comedian. In fact, you might even think that you are never going to be good at doing anything. This kind of cognitive distortion is called “All-or-Nothing Thinking.” In essence, you are holding a belief that you will either be good at this skill now or I never will be. This type of cognitive distortion is conveying an exaggeration of a negative event. The event itself is negative, but instead of perceiving it as a passing experience, you hold on to the negative associations. Mental Filtering This leads us to the second cognitive distortion, which is called Mental Filtering. Mental filtering involves taking one negative experience from any situation and dwelling on it for an extended period of time. No matter how much time you put into making valuable content, there will be that one guy or girl who will leave a negative comment. They will filter all the value and just leave a comment about the wrong punctuation in one paragraph. People who perceive reality from a mental filter will always find something negative. Therefore, no matter how hard you try to convince them that the event is actually positive, you will fail. Subsequently, David Burns recommends never dwelling on the past as you no longer have control over those decisions. Similarly, do not dwell on others’ opinions as people will always find the negatives in any situation. Plus, you have no control over others’ opinions and decisions. Jumping to Conclusions Imagine that you get hit by a car, so you’re on your way to the hospital. The doctors tell you that you just got dizzy, and you’ll be ready to go home in three hours. However, you keep thinking to yourself: “Oh my god, what if I got brain damage? And if my brain is damaged will my girlfriend still want to go out with me?” This type of cognitive distortion is called Jumping to Conclusions. This distortion involves exaggerating your expectations and projecting to unrealistic conclusions. Specifically, this form of cognitive distortion generally involves making a negative interpretation. This interpretation is made even though no clear facts are supporting your conclusion.  Jumping to conclusions can be further broken down into two types: a. Mind reading: You arbitrarily conclude that someone is reacting negatively to you, and you don’t bother to check this out. b. The Fortune Teller Error: You anticipate that things will turn out badly, and you feel convinced that your prediction is an already-established fact.  Since the process of emotion formation happens in a fraction of a second, we have little to no control over it. However, even if those thoughts get distorted, and you fall into a depression, you still have a chance to re-construct them after their occurrence. You have the opportunity to re-frame those distorted thoughts. Subsequently, you also have the opportunity to change your mood. It is scary how one thought can have the power to change someone’s life for the better or the worst. Magnification and Minimization “Perfection’ is man’s ultimate illusion. It simply doesn’t exist in the universe… If you are a perfectionist, you are guaranteed to be a loser in whatever you do.” When you magnify, you look at your errors, fears, or imperfections and exaggerate their importance. This has also been called catastrophizing because you turn commonplace negative events into nightmarish monsters. In comparison, when you minimize, you inappropriately shrink things until they appear tiny. Common examples are your own desirable qualities or others’ imperfections. This is also called the “binocular trick.”

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Rich Dad Poor Dad

One Sentence-Summary:  Rich Dad Poor Dad  tells the story of a boy with two fathers, one rich, one poor, to help you develop the mindset and financial knowledge you need to build a life of wealth and freedom. Favorite quote from the author: “The main reason that over 90 percent of the American public struggles financially is because they play not to lose.” Rich Dad Poor Dad is a modern classic of personal finance and  favorite finance book of all time. Although the book is controversial and often takes criticism, people still believe it’s worth reading. Otherwise, it wouldn’t have sold over 32 million copies. Robert Kiyosaki tells the story of his two Dad’s in his childhood. His own father and the father of his best friend. While he speaks affectionately of both, they were very different when it came to dealing with finances. Rich Dad Poor Dad Summary Many of us are too afraid of being branded as a weirdo, in order to exit the  rat race . We let the two main emotions everyone has around money dominate our decisions: fear and greed. That’s why we still stick to the outdated mantra “Go to school, go to college, get a job, play it safe.” when in reality  no job is safe any more . For example, when you get a raise at your job, a wise choice would be to invest the extra money. Put it into something that builds wealth like stocks or bonds, which has risk, but a lot of potential. Maybe you find a good fund with a 60% chance to double your money within a year, but a 40% chance of losing it all. However, most likely your fear of losing the money altogether will keep you from doing so. But when your greed takes over, you might then spend the extra money on an improved lifestyle. You might buy a fancy new car, and the payments eat up the money, for instance. This way you’re almost certain to lose 100%. This already gives you a glimpse of how important it is to educate yourself financially. Since we receive no financial education in school or college, sadly, this is entirely up to you. Look around and you’ll see plenty of financially ignorant people in your own life. Just take a look at local politicians. Is their city in debt? Your mayor might be great, but unfortunately, he probably doesn’t know how to deal with money. For the same reason 38% of Americans don’t save anything for their retirement. The only way for you to counteract this is to start now. Today is the youngest you’ll ever be, so take a close look at what you can and can’t afford. This way you’ll be able to set realistic financial goals, even if it means waiting for that shiny new BMW. Next, adopt the mindset of “work to learn” instead of “work to earn”. Take a job in a field you have no clue about, such as sales, customer service or communications, to develop new skills –  you never know what they might be good for . Set aside 5% of your income each month to buy books, courses and attend seminars on personal finance to start building your financial IQ. The first step toward building wealth lies in the mindset of managing risks instead of avoiding them. Also, learn about investments to understand that it’s better to not play it safe because you’ll miss big potential rewards. Don’t start big, just set aside a small amount, like $1,000 or even $100, and invest it in stocks, bonds, or even  tax lien certificates . Treat the money as if it’s gone forever and you’ll worry less about losing it. As soon as you start your journey towards wealth, you’ll realize that it’ll be quite a long one. That’s why it’s important to stay motivated. Kiyosaki suggests creating an “I want” and an “I don’t want” list. Include items like: “I want to retire at age 50.” or “I don’t want to end up like my broke uncle.” Another idea is to pay yourself first each month. Take the portion of your salary you want to spend on stocks or your financial education, invest it, and pay your bills afterward. It’ll create pressure to be creative in making money and show you what you can afford. Use your money to acquire assets instead of liabilities. Assets are stocks, bonds, real estate that you rent out, royalties (for example  from music ) and anything that generates money and increases in value over time. Liabilities can be cars with monthly payments, a house with a mortgage, and of course debt.  Anything that takes money out of your pocket each month is a liability. There’s no rush. Just stay at your full time job and “mind your own business”. In this case, your job is what pays the bills and your business is what makes you wealthy. Build your business on the side and use it to invest in assets until your assets eventually become the main source of your income. You can even file a corporation to be taxed only after you’ve earned and invested, instead of being taxed before investing as an employee and trying to live off what’s left. The most important thing is that you start today. You are your own biggest asset, so the first thing you should put some money into is yourself.

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The 7 Habits Of Highly Effective People

One Sentence Summary:  The 7 Habits Of Highly Effective People  teaches you both personal and professional effectiveness by changing your view of how the world works and giving you 7 habits, which, if adopted well, will lead you to immense success. This book has sold over 25 million copies. If Stephen R. Covey had any clue about what a success  The 7 Habits of Highly Effective People  would be when he published it in 1990, but, even several years after his death, it’s still the bible of leadership and modern management. The original seven habits are: 1. Be Proactive 2. Begin with the End in Mind 3. Put First Things First 4. Think Win-Win 5. Seek First to Understand, Then to Be Understood 6. Synergize 7. Sharpen the Saw The first three serve your own independence, so that you may “win in private,” as Covey put it. The second three aim to shift your focus to interdependence. When you strive for cooperation instead of competition, you’ll also “win in public” and find worldly success. The last habit serves your own renewal so that you’ll never burn out or overextend yourself. Let’s look at the following 3 in more detail: 1. Do the funeral test. 2. Learn how to say no. 3. Practice active listening. Time to learn how to become highly effective both at work and in life! Lesson 1: Do the funeral test. This is the habit that Covey calls “Begin with the End in Mind”. He issues a warning that plowing away and  getting a massive amount of tasks done in a preferably short time  (i.e. being efficient) is only useful when you’re plowing in the right direction. The classic analogy here is the ladder you’re climbing furiously, only to find out it’s leaned against the wrong wall when reaching the top. Only if you’re clear about your major, long- term goals can you align each and every single one of your decisions with them. The best way, by far, to get clear about those goals is to do the funeral test. Ask yourself: 1. What do I want people to say about me at my funeral? 2. As what sort of person do I want to be remembered? 3. For what do I want to be remembered? Depending on your number of relationships (family, friends, clients, partners, customers), you can also ask yourself how many people will be there to mourn your death. As Steve Jobs said: “All external expectations, all pride, all fear of embarrassment or failure–these things just fall away in the face of death, leaving only what is truly important.” Truthfully answering those questions will make you realize you might not want that out-of- the-suitcase, business class lifestyle, or that really  all you ever wanted to do was dance . So be bold and ask them. Lesson 2: Learn how to say no. Knowing exactly where you want to go makes it easy to find out what’s important to you, and what not. When you know your final goal, you’ll at least have an inclination for each to-do on how important it actually is. You’ll often find that  the important things aren’t urgent and vice versa . That means some things don’t deserve to be done at all. To all those things, you’ll eventually have to say no. It’s not easy, especially if money’s involved. But, as Covey says: “Put First Things First.” Sometimes, tempting rewards will be dangled right in front of you, which is when it’s time to pull out the funeral test again to see whether those rewards deserve to be chased. Derek Sivers in this regard, who says  it’s either a hell yeah, or a no . He’s  incredibly focused on a few things , but those things create all the meaning he needs in his life. Lesson 3: Practice active listening. The good thing about saying no to doing a lot of things is being able to spend a lot more time actually listening to others. 1. You’re listening to understand the person you’re listening to, not primarily to give advice or respond. 2. You make sure you understand by repeating back to them what they said and mirroring their emotions. 3. You help them structure their own thought process. This was one of the  Covey calls this “Seek First to Understand, Then to Be Understood.” It is a call to practice active listening and empathy. Just like you get suspicious of your doctor when he prescribes you hefty antibiotics after hearing you cough just once, we don’t tend to trust people, who we think don’t really understand us. Make an effort to listen to understand, instead of listening to respond. A good way to start this practice is by simply  talking less . The 7 Habits of Highly Effective People is an absolute classic. It’s not a step-by-step how-to book, however. The lessons will take you a while to implement since they are general principles. But that also means they’re timeless and have a powerful impact once you manage to do so.

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Deep Work

One Sentence-Summary:  Deep Work  proposes that we have lost our ability to focus deeply and immerse ourselves in a complex task, showing you how to cultivate this skill again and focus more than ever before with four simple rules. Favorite quote from the author: “If you don’t produce, you won’t thrive, no matter how skilled or talented you are.” Deep Work suggests that being able to completely immerse yourself in a complex task is a rare, valuable and meaningful skill. The second part of the book then outlines four rules you can use to cultivate a deep work ethic. Here are 3 lessons from  Deep Work  to help you go from busy to brilliant: 1. There are four strategies for deep work, all of which require intention. 2. Productive meditation can help you work deeper, even while you’re taking a break. 3. Stop working at the same time each day. Deep Work Summary Lesson 1: Use one of these four deep work strategies, but be intentional about it. Cal Newport isn’t one of those “one-size-fits-all-advice” kind of people. He knows that different things will work for different people, so when making his case for deep work he suggests four different strategies: 1. The monastic approach. Monastic comes from monastery – the place where monks live. It means shutting yourself off completely, for example by moving to a cabin in the woods to write a novel, and not come back until it’s finished. 2. The bimodal approach. This prioritizes deep work above everything else. You could set a 4-6 hour block each day for deep work, for example, where you lock yourself in your office, similar to the monastic approach. However, once that block is over, you’re free to do everything else that might be on your plate. 3. The rhythmic approach. This chunks down your work into time blocks, similar to  the Pomodoro technique , and uses a calendar to track your progress. For example you’d plan your week ahead of time and put 10 blocks of 90 minutes on your calendar, and make working with timed blocks a habit. 4. The journalistic approach. If you have a busy daily routine, this works well. What you do is to simply dedicate any, unexpected free time to deep work.  Being intentional about your deep work approach requires monitoring how you spend your time, so one of your first steps in making this decision should be to  track your habits . You’ll quickly be able to separate productive from unproductive time and spot patterns. Lesson 2: Make the most of unproductive time with productive meditation. This is an idea that Cal Newport calls it productive meditation, and it comes down to using your “unproductive” time to do deep thinking. For example, if you’re taking the subway to work each morning, and know you have 30 minutes to and from work, in which you can’t do much else, use this time to try solving a complex problem in your mind. Commuting, showering, household chores, buying groceries and taking a walk (with or without your dog) are all great opportunities to think. The next time you have some “down time”, in which you do menial tasks, latch on to a big problem, try to see sub-problems of it, break it down and solve it. Lesson 3: Quit work at the same time each day, and stick to it. Cal has a habit of ending his work day at 5:30 PM, every day. No emails, no internet, no to-do lists, no computer after that. He describes his practice in  this 7-year old blog post , and while his systems evolve, planning both work and free time have remained a constant factor. Your brain needs some space each night to wind down, and it won’t get that if you have an as- much-as-possible work ethic. Limit yourself by quitting work and not checking email, or, even better, shutting down your computer, at the same time each day. This way, you’ll have a fixed slot of free time every day to recuperate. Your  mind will keep working below the surface , but you won’t burn yourself out by working around the clock.

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