Stress is an inconvenient truth of professional life. It has many causes, such as a difficult sales target, a tight project deadline, or unreasonable behavior by a client or a colleague. But whatever the cause, the effect of stress is the same: the stiffness in body and mind, the inability to have fun, and the vulnerability to anger.
The University of Chicago’s Sian Beilock, author of "Choke: What the Secrets of the Brain Reveal about Getting It Right When You Have To," outlines solutions to three kinds of problems often encountered by investment practitioners and other high-stakes decision makers.
For investment professionals, the subject of stress and how to effectively manage it is a perennial topic of interest. Recently, Frank Murtha of MarketPsych explained how to recognize and effectively manage your stressors, with a particular emphasis on self-management and effective client management during times of financial market instabilities.
The practice of money management involves many intense stresses that can lead fund managers to develop emotional coping mechanisms that work against performance.
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