In a Nutshell: If you want to improve your decision-making and perform better under pressure, ask yourself this question: What am I feeling and why am I feeling it? Denise Shull believes that emotions contain information and if you try to override that information by controlling it or ignoring it, you miss out on interpreting your lifetime’s worth of accumulated wisdom.

Guest: Denise Shull, the founder and CEO of The ReThink Group and the author of Market Mind Games: A Radical Psychology of Investing, Trading and Risk. Denise leverages her background in neuroscience and modern psychoanalysis to solve the mental mysteries of successful investing, trading, competing, and leading teams.

My Key Takeaways:

  1. Fear keeps us safe. But that doesn’t mean we always have to give into it, especially when fear stands between us and achieving something important.
  2. Positivity has its limits. Trying to put a positive spin on every negative feeling can turn up the volume in your head and drown out rationality.
  3. Your past is your present.  A growing body of research connects physiology and experience to how we face our next challenges.

Also Learn:

  1. How Denise coached Olympic snowboarder Lindsey Jacobellis to not let her 20-year-old self define her after an infamous blunder. At the 2022 Winter Games, Jacobellis redeemed herself with two gold medals.
  2. The difference between intuition and impulse and the ramifications for effective decision-making.
  3. Why “getting granular” in defining the emotion you are feeling is a key to driving better performance and action plans.
  4. Why slumps happen and Denise’s process for going back to the drawing board.
  5. The mental characteristics that Denise believes can separate a great investor from an average investor.

Complementary podcast: Ashley S. Murphy, CFP® AIF® CEPA™, talked with me about his goal-setting process and the routine that puts him in the mental space to succeed. Listen/read here.

Resources Featured In This Episode

Denise Shull on Twitter