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Neuro Athletes,
Have you heard the story about Ronald Reed, the janitor that had $8 million in savings when he died in 2014? He didn't win the lottery or inherit the money. He just saved consistently throughout his life, while letting the wonders of compounding do its thing.
The moral is that your behaviour with money is oftentimes more important than how intelligent you are. Even if you don't have an economics degree from Harvard or work on Wall Street, you can trade and invest wiser by managing how well your brain operates.
The hardware of your brain predicts the quality of your decisions and the quality of your decisions dictate the quality of your investment portfolio…
Enter Denise Shull
Denise Shull, is a performance coach. She works with individuals who have to make high stakes decisions in high pressure situations, specializing in working with Wall Street investment professionals and elite athletes. She is one of the inspirations for the character of Wendy Rhoades, the performance coach on Showtime’s drama BILLIONS. She is also author of the book Market Mind Games: A Radical Psychology of Investing, Trading, and Risk.
According to Shull, feelings are the foundation of our decisions, but we don’t pay enough attention to them most of the time.
Her work is unconventional because she specifically helps people recognize unconscious anger and to become more and more aware of the entire range of their feelings.
The Lawsuit
In December 2018, Denise Shull sued Showtime, CBS, co-creator Andrew Ross Sorkin and others involved with the series, alleging that the character Wendy Rhoades (played by Maggie Siff) was an “unauthorized rip-off” of a fictionalized version of herself from her book. She also alleged Sorkin asked her to help develop the character in 2015, but she was never compensated.
The summary order below states:
“The plot of Market Mind Games, to the extent there is one, is wholly dissimilar from that of Billions. Likewise, the similarities that exist between Dr. Rhoades in Billions and the fictional version of Shull in Market Mind Games — namely their gender and occupation — are generalized and non-protectible,”
“Bearing these and other distinctions in mind, the total concept and feel of Market Mind Games is quite different from that of Billions: Whereas Market Mind Games is an academic book that draws on fictional stories to illustrate Shull’s ideas, Billions is an entirely fictional serial television drama that, as the district court described it, seeks to portray ‘the drama that lies in the age-old trifecta of money, power, and sex.'”
The Truth Revealed
“Once their show began airing, I could not escape comments from my clients, followers and audiences mentioning the similarity between Wendy and me,”
“If I have been asked if I am a dominatrix once, I’ve been asked that 100 times,” she said, referring to the show’s portrayal of Rhoades’s sex life.
In this insightful episode, Denise and I take a helicopter view of the brain of an investor and trader paying particular attention to the decision making processs, the limiting beliefs holding them from succeeding, how they make great decisions and they protect themselves form losses.
We then finish up by cleaning up the confusion around the popular TV series ‘billions’. For those who don’t know, Denise has finished a long battle against Showtime’s TV series Billions. She answers alot of the questions around the lawsuit and reveals the truth behind the battle.
Here’s a sneak preview.
Full episode can be found on iTunes & Spotify
“It’s never easy to be Denise fighting Goliath, I am not going to cower because my opponent is much, much bigger than I am.”
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