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	<title>Comments on: Blink! The Power of Thinking Without Thinking</title>
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	<link>http://fivecentstencents.com/blog/2009/09/03/blink-the-power-of-thinking-without-thinking/</link>
	<description>Financial freedom, one realistic step at a time.</description>
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		<title>By: Andrew E. Scott &#187; Snap Judgements</title>
		<link>http://fivecentstencents.com/blog/2009/09/03/blink-the-power-of-thinking-without-thinking/comment-page-1/#comment-1158</link>
		<dc:creator>Andrew E. Scott &#187; Snap Judgements</dc:creator>
		<pubDate>Sun, 22 Nov 2009 10:17:10 +0000</pubDate>
		<guid isPermaLink="false">http://fivecentstencents.com/blog/?p=890#comment-1158</guid>
		<description>[...] Blink! The Power of Thinking Without Thinking (fivecentstencents.com) [...]</description>
		<content:encoded><![CDATA[<p>[...] Blink! The Power of Thinking Without Thinking (fivecentstencents.com) [...]</p>
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		<title>By: Panzer</title>
		<link>http://fivecentstencents.com/blog/2009/09/03/blink-the-power-of-thinking-without-thinking/comment-page-1/#comment-872</link>
		<dc:creator>Panzer</dc:creator>
		<pubDate>Thu, 03 Sep 2009 07:08:02 +0000</pubDate>
		<guid isPermaLink="false">http://fivecentstencents.com/blog/?p=890#comment-872</guid>
		<description>Hi createwealth8888

The useful thing about &quot;Blink&quot; is that Gladwell presents both sides of the coin, i.e. our intuitive judgement or in-built subconscious analysis can lead us towards both correct and incorrect decisions.

It&#039;s a tool we have, just like any tool, it can be used to get us ahead or get us &quot;killed&quot;. :-P

Be well and prosper.
.-= Panzer&#180;s last blog ..&lt;a href=&quot;http://singapore-fixed-deposits.com/wordpress/2009/09/02/maybank-isavvy-new-24mths-36mths-fixed-deposits/&quot; rel=&quot;nofollow&quot;&gt;Maybank iSavvy new 24mths &amp; 36mths fixed deposits&lt;/a&gt; =-.</description>
		<content:encoded><![CDATA[<p>Hi createwealth8888</p>
<p>The useful thing about &#8220;Blink&#8221; is that Gladwell presents both sides of the coin, i.e. our intuitive judgement or in-built subconscious analysis can lead us towards both correct and incorrect decisions.</p>
<p>It&#8217;s a tool we have, just like any tool, it can be used to get us ahead or get us &#8220;killed&#8221;. <img src='http://fivecentstencents.com/blog/wp-includes/images/smilies/icon_razz.gif' alt=':-P' class='wp-smiley' /> </p>
<p>Be well and prosper.<br />
.-= Panzer&#180;s last blog ..<a href="http://singapore-fixed-deposits.com/wordpress/2009/09/02/maybank-isavvy-new-24mths-36mths-fixed-deposits/" rel="nofollow">Maybank iSavvy new 24mths &amp; 36mths fixed deposits</a> =-.</p>
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		<title>By: createwealth8888</title>
		<link>http://fivecentstencents.com/blog/2009/09/03/blink-the-power-of-thinking-without-thinking/comment-page-1/#comment-871</link>
		<dc:creator>createwealth8888</dc:creator>
		<pubDate>Thu, 03 Sep 2009 03:40:35 +0000</pubDate>
		<guid isPermaLink="false">http://fivecentstencents.com/blog/?p=890#comment-871</guid>
		<description>Stock picking is part science, part art, part luck, part intuition, and always uncertain - &quot;not precisely knowing.&quot; 

My view on intuition...

Intuition is the apparent ability to acquire knowledge without inference or the use of reason. “The word ‘intuition’ comes from the Latin word &#039;intueri&#039;, which is often roughly translated as meaning ‘to look inside’ or ‘to contemplate’.&quot; Intuition provides us with beliefs that we cannot necessarily justify.

When you develop your feel and intuition for the markets, you build your confidence. By doing that, you trust yourself more and you do not feel the urge to follow others including the gurus and naysayers. You are comfortable with your own conclusion even if it goes against the norm and even against the charts and analyst reports. You feel comfortable with the outcome even if it is unfavourable.

Knowing the difference between intuition and emotions is something that will come with experience. If you are making a trading decision and you find that your heart is beating fast or you have regretted after making the decision when the events turn unfavourable, you are probably making an emotional rather than an intuitive decision
.-= createwealth8888&#180;s last blog ..&lt;a href=&quot;http://createwealth8888.blogspot.com/2009/09/greatest-bear-any-parallel-are-u.html&quot; rel=&quot;nofollow&quot;&gt;Greatest Bear - any parallel? Are u betting it? Updated.&lt;/a&gt; =-.</description>
		<content:encoded><![CDATA[<p>Stock picking is part science, part art, part luck, part intuition, and always uncertain &#8211; &#8220;not precisely knowing.&#8221; </p>
<p>My view on intuition&#8230;</p>
<p>Intuition is the apparent ability to acquire knowledge without inference or the use of reason. “The word ‘intuition’ comes from the Latin word &#8216;intueri&#8217;, which is often roughly translated as meaning ‘to look inside’ or ‘to contemplate’.&#8221; Intuition provides us with beliefs that we cannot necessarily justify.</p>
<p>When you develop your feel and intuition for the markets, you build your confidence. By doing that, you trust yourself more and you do not feel the urge to follow others including the gurus and naysayers. You are comfortable with your own conclusion even if it goes against the norm and even against the charts and analyst reports. You feel comfortable with the outcome even if it is unfavourable.</p>
<p>Knowing the difference between intuition and emotions is something that will come with experience. If you are making a trading decision and you find that your heart is beating fast or you have regretted after making the decision when the events turn unfavourable, you are probably making an emotional rather than an intuitive decision<br />
.-= createwealth8888&#180;s last blog ..<a href="http://createwealth8888.blogspot.com/2009/09/greatest-bear-any-parallel-are-u.html" rel="nofollow">Greatest Bear &#8211; any parallel? Are u betting it? Updated.</a> =-.</p>
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