Visualization meditation, or creative visualization, is a basic meditation practice that features a tremendous variety and depth of techniques.
Focused awareness meditation asks practitioners to focus their awareness singularly on one object. Among the benefits for investment professionals is an improvement in mental focus and clarity.
Jason Voss, CFA, provides a primer on open-monitoring meditation, along with a sample practice, in the latest edition of his Meditation Tips for Investment Professionals series.
Meditation is a mind practice that helps develop two skills that are critical for investors, says Jason Voss, CFA: metacognition, or the awareness of awareness itself; and top-down control, choosing what to think and when to think it. Why do we need these skills? Because as investors we must see the world for what it is, not what we prefer it to be. With that in mind, here are some tips to help you get started as a meditator.