LATEST ARTICLES

In Remembrance of 9/11

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In Remembrance of 9/11
Previously published on September 11, 2021 Welcome to today's Audio Essay from Way Of The Renaissance Man Starring Jim Woods We are a few days away from the 21st anniversary of the attacks on the World Trade Center September 11, 2001. In this special audio presentation, Jim offers his poem and thoughts on this day. And now, here's Jim Woods.
By Jim Woods There was a cat sleeping on my porch She didn’t know what I had witnessed The lacerated skyline of metropolis A bleeding out of her twin sons Flying lancets piercing steel hulls Black smoke seasoning the azure sky As the falling man descends to the concrete Incendiary ideas born in Bronze To please a prophet on a white horse Hatred of the good for being the good Crumbles a once-proud icon Falling ash blankets District streets A macabre concoction of concrete, bone, blood Fury rises in the giant’s heart Rage and revenge burn white Country targeted, let there be fight Two decades later, let there be flight There is a cat sleeping on my porch While the world remembers -Jim Woods September 11, 2021 ********** On Sunday, we mark the 21st anniversary of the attacks on September 11, 2001. And yet the passing of two decades hasn’t been enough to fade our scars. And for me, those scars will never be allowed to fade. Etched on my personal black box recorder are the memories I had circa 1999, when I checked in at the World Trade Center lobby to report to work for my first day at Morgan Stanley. The firm’s training program for new advisers/traders took place in those Twin Towers, and in the weeks that followed, I spent many an afternoon high atop the Manhattan skyline, learning the business inside the iconic monument erected to celebrate capitalism, Western achievement and the wealth of nations. Their boldness, their glaring simplicity, their twin-brother like stance and their defiance of the rest of the New York City skyline was all part of the reason the World Trade Center was targeted for destruction by forces whose primary directive is death to the infidel. On that day, when the blue skies were pierced by the stiletto insertion of commercial jets into the towers, I watched the events unravel from some 2,500 miles west. A condo nestled at the foot of the Hollywood Hills hardly seemed congruent to the billowing smoke oozing out of the structural siblings. The only connection in my mind was… my mind. A mind having been there just a couple of years earlier, wondering what it would be like to actually be there in that moment. Wondering if I would have been incinerated along with the roughly 2,600 other souls that were extinguished that day. Wondering if I would have acted heroically, the way so many did. Wondering if I would have succumbed to the cowardice that so often accompanies paralytic fear. I would like to think I could have been a hero. I need to think I would have been a hero. Fortunately, I didn’t have to find out. Instead, from afar, from the safety of Hollywood, I watched. All day, all night, I watched. Compelled by the horror; compelled by the enormity. Thinking to myself, “Will this be the world from here on?” Would the world be plunged into war? At that moment, I wanted war. I wanted vengeance. I wanted to pound those responsible, and the philosophy that animated these acts, into a pulp. I still want to. I want to stoke the burn of that day. I want to remember the collapse of icons. I want to keep calling out the life-hating, celebratory death cult of ideas that is radical Islam, and I want to rejoice in its defeat. The scars of history must never be allowed to heal, and no salve of time should be permitted to mask the day America would be altered forever.
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Now, we want to hear from you! Would like to share your opinion or make a comment on the Way of the Renaissance Man podcast? If so, then please leave your comment or questions in the space provided below and share this article with your friends and family on Facebook, Instagram and Twitter. Your comments or question could be chosen as our featured Ask the Renaissance Man Anything on a future episode.

Build Wealth Like a Renaissance Man

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Build Wealth Like a Renaissance Man
By Jim Woods

Building wealth really isn’t that hard.

The compounding math is there for anyone to grasp, as are the basic concepts. The tough part comes when you deviate from these principles in search of a shortcut, or if you make one or two bad decisions that put you in a big financial hole. Let’s look at the three basic rules for building wealth.

Rule No. 1—Be Right More Often Than You’re Wrong

Making decisions means taking action. But no matter how smart those decisions, and no matter how much thought or research or effort you put into those decisions, you are still likely going to be wrong many times. Think about this as it applies not just to your investment portfolio, but also to life in general. If you’re reading this, you’re likely someone who has made many good, as well as many bad, decisions in life. Some of those decisions you are extremely thankful you made, and some you no-doubt painfully regret. Hey, we all make mistakes, and that’s because humans are fallible. Yet we don’t have to be right all the time to be successful in life—or in our wealth building. The key here is to be right more often than you’re wrong. And, when you’re wrong, to minimize the damage. The latter part of this prescription leads us into our next rule of wealth building.

Rule No. 2—Win Bigger Than You Lose

Win some, lose some. This reality is just part of life. And try as we may to always win, we can’t. Indeed, part of being a Renaissance Man is understanding that life has its good days and its bad days. And while the big winning days are fantastic, the big losing days can really, really hurt. The key for a Renaissance Man, both in life and in the money and investment realm, is to win bigger than you lose. What I mean by that is you want to ride your stock, bond, and commodities wins higher. Don’t just bail out on a small gain because you have one, or because you want that shiny new car, boat, etc. As for losing, most of us have been on the wrong side of an investment decision. The key is to not let those losses go from small to large. Just like one or two really bad decisions in life can end up being the difference between happiness and sorrow, one or two catastrophic losses in a portfolio can be the difference between retiring wealthy and living the rest of your life on Social Security. Remember that investing (as opposed to short-term trading, which there definitely is a place for) means you build positions in strong assets likely to continue appreciating over time. And, you use the power of compounding and the requisite patience and time, to build your wealth. Of course, to find those wins in the first place means you have to invest in the right picks from the beginning, and the details of how to do just that are contained within the pages of my newsletters.

Rule No. 3—Seek Income and Capital Appreciation

When you’re investing (as opposed to trading), you ideally want assets that pay you income AND that go up in value. This may seem simple, but you would be surprised by the number of people I’ve spoken to in my career that think income and capital appreciation are two separate entities. The best long-term wealth-building assets are those that not only appreciate in value, but that also pay you to own them. This means owning a basket of the best, most-stalwart, dividend-paying stocks the market has to offer. I’m referring here to stocks of companies that have consistently raised their annual dividends each year, and those who have done it for years, decades, and in some cases more than a century. This isn’t a quick-fix, get-rich scheme or some kind of real estate flipping strategy. It’s investing consistently in the biggest, most-profitable companies that have demonstrated they are committed to growing their business long term, and increasing the wealth of their shareholders. You see, when it comes to the basic Renaissance Man rules of wealth building, simplicity reigns supreme. Once you understand that, you then need to muster up the requisite manly courage, discipline and willpower to see those rules through to the end. In the name of the best within us, Jim Woods Now, we want to hear from you! Would like to share your opinion or make a comment on the Way of the Renaissance Man podcast? If so, then please leave your comment or questions in the space provided below and share this article with your friends and family on Facebook, Instagram and Twitter. Your comments or question could be chosen as our featured Ask the Renaissance Man Anything on a future episode.

Wisdom From A Bulldog

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Wisdom From A Bulldog
Welcome to today's #WednesdayWisdom from Way Of The Renaissance Man Starring Jim Woods Today's insight was inspired by Nobel laureate, twice British prime minister and knighted author and statesman, Winston Churchill.

Wisdom from A Bulldog Wednesday Wisdom Way of The Renaissance Man Starring Jim Woods Quote “Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.”

— Sir Winston Churchill

I get quite a few quotes sent to me during the year, but the best one sent to me in recent years has to be from reader Kevin S., who suggested we use this beautiful and eminently true assessment of socialism by the great Winston Churchill. The English statesman saw socialism’s evils first hand, and thanks to his resolve and his ability to rally his countrymen, he helped thwart socialism’s tyranny before it could take over Europe. For that, free people around the globe owe a debt to the “British Bulldog.” Jim Woods March 22, 2023
For more great resources and inspiration visit WayOfTheRenaissanceMan.com
WayOfTheRenaissanceMan.com/store for Way of the Renaissance Man Fans is open. Grab your stylish t-shirt, gear, stickers and Way of the Renaissance Man art, too! Just visit the website now!
Now, we want to hear from you! Would like to share your opinion or make a comment on the Way of the Renaissance Man podcast? If so, then please leave your comment or questions in the space provided below and share this article with your friends and family on Facebook, Instagram and Twitter. Your comments or question could be chosen as our featured Ask the Renaissance Man Anything on a future episode.

Harnessing the Power of Kindness This Year

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Harnessing the Power of Kindness This Year 
Originally Published at The Deep Woods
Kindness is a powerful force. I’ve known that for some time, and the older, and hopefully wiser, I get, the more I realize it. And apparently, I’m not the only one. A few months ago, I read a story about how people underestimate the positive impacts of random acts of kindness. This story covered a new study published in the Journal of Experimental Psychology: General. Through a series of experiments, researchers found that those on the receiving end of a kind gesture typically appreciated it more than the giver anticipated. One reason suggested by the findings may be that recipients feel the warmth behind the gesture, while the giver often overlooks that.
The takeaway here for me is actually quite simple: If you have an opportunity to be more kind, embrace it.
Of course, if you are a long-time reader of my other publication The Deep Woods, this embrace of kindness is likely very familiar. In fact, in January 2019, I wrote about the importance and gratification of harnessing the power of kindness as a force for good in society. Given this latest “kindness news,” I thought it was timely and appropriate to republish that January 2019 article, as what I said then is even more spot on in the light of the new scientific research. And now, I present to you, “Try to Be More Kind.” Try to Be More Kind We live, then we die. That’s a reality we all must grapple with each minute. And the fact that life is finite has implications for everything we do. And no matter what your beliefs are about the existence of an afterlife, there is no doubt that life on earth, as we experience it, is going to come to an end for us all. This admittedly morbid, yet eminently liberating, realization is at the spine of nearly all our decisions, even though many times we fail to realize it. Think about the actions you take each day. You wake after a night of sleep because your body requires sleep. You consume food because your body requires energy. Then for most of us, we engage in some form of productive activity that nets us financial compensation so that we can attain the capital required to fund our existence. If we’re lucky, we have family and friends who we love that we can share our lives with, and that allow us to both provide and receive mutual support. The requirements of a finite life also have a profound effect on your decisions about what to do with your money, how to spend that money, how to invest it and how to plan for a time when you may not be able to, or may no longer want to, work. Then there’s your family, and the work involved in making the right decisions to provide for them when you’re no longer here to do so. The Principle of Free Exchange, Capitalism, and the Virtue of Kindness Way of the Renaissance Man Jim Woods
For a special audio essay version of the article “Try to Be More Kind,” click here.
      Now, much of my newsletter advisory services are aimed at the nuts and bolts of how to put your money to work in the financial markets so that you can maximize this critical aspect of your life. Yet as you likely know, in The Deep Woods and here, I like to peel back the layers of the onion skin so that we can access the principles at the root of the issue.
And when you think about it, what is at the essence of our quest to make sure we are financially secure enough to take care of ourselves and the ones we love? To me, the answer is simple: It’s a desire to be kind.
Indeed, the desire to be kind, i.e., the quality of being caring, attentive, considerate and otherwise thoughtful of others, is something that we all should strive to be motivated by. I know for me, the action I take out of kindness not only feels good, but it’s always in my rational self-interest to do so. Acting kind doesn’t mean self-sacrifice. Rather, it means acting and interacting with others so that both parties receive maximum benefit from the interaction. Extended out to the political realm, the desire for kindness is why I am a passionate advocate for laissez-faire capitalism. You see, capitalism is the only social system where men are free to interact with each other based on the principle of exchanged values. For example, this morning I went to my local Starbucks and paid $4.95 for a latte. I wanted the latte more than I wanted the $4.95, and Starbucks wanted the $4.95 more than they wanted the latte. I didn’t exercise physical force to extort the latte from my barista, and she didn’t wrestle me into the store from the street to confiscate my money. Instead, we engaged in a mutually kind exchange of values that also was mutually beneficial. This kindness is the essence of capitalism, and it’s the opposite of the Marxist idea that capitalism exploits the proletariat.
In my view, a prescription for increasing societal happiness is to increase kindness. Not only in terms of our daily human interactions, but also in the wider sense of people interacting with each other via the kindest of all principles — the principle of free exchange.
Finally, I’ll leave you with a powerful quote from philosopher and neuroscientist Sam Harris regarding kindness. As Sam writes: “Consider it: every person you have ever met, every person will suffer the loss of his friends and family. All are going to lose everything they love in this world. Why would one want to be anything but kind to them in the meantime?” If you want to make yourself and the world a better place, try to be more kind. Jim Woods January 4, 2023
Way of the Renaissance Man Ethos Tee
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Now, we want to hear from you! Would like to share your opinion or make a comment on the Way of the Renaissance Man podcast? If so, then please leave your comment or questions in the space provided below and share this article with your friends and family on Facebook, Instagram and Twitter. Your comments or question could be chosen as our featured Ask the Renaissance Man Anything on a future episode.

Of Christmas and Conscience

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Of Christmas and Conscience

Welcome to today's #WednesdayWisdom from Way Of The Renaissance Man Starring Jim Woods

Today's insight was inspired by a true American Renaissance Man, scientist, writer, statesman, and philosopher, Benjamin Franklin.

Of Christmas and Conscience Wednesday Wisdom Way of The Renaissance Man Starring Jim Woods Quote“A good conscience is a continual Christmas.”

–Benjamin Franklin

This time of year is replete with reflection on the past 12 months. It’s also a time when we prepare ourselves for the coming year. But before you get to either of these things, remember what Benjamin Franklin said about a good conscience. You see, when our hearts and minds are clear, we can see the past for what it is and the future for what it should be — and that, my friends, will bring you holiday cheer throughout the year. From all of us here on the Way of the Renaissance Man team, we wish you the very happiest of holidays. Jim Woods December 21, 2022
For more great resources and inspiration visit WayOfTheRenaissanceMan.com
WayOfTheRenaissanceMan.com/store for Way of the Renaissance Man Fans is open. Grab your stylish t-shirt, gear, stickers and Way of the Renaissance Man art, too! Just visit the website now!
Now, we want to hear from you! Would like to share your opinion or make a comment on the Way of the Renaissance Man podcast? If so, then please leave your comment or questions in the space provided below and share this article with your friends and family on Facebook, Instagram and Twitter. Your comments or question could be chosen as our featured Ask the Renaissance Man Anything on a future episode.

JFK on Gratitude

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JFK on Gratitude

Welcome to today's #WednesdayWisdom from Way Of The Renaissance Man Starring Jim Woods

Today's insight was inspired by an American politician who served as the 35th president of the United States, John F. Kennedy.

JFK on Gratitude Wednesday Wisdom Way of The Renaissance Man Starring Jim Woods Quote“As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them.”

— John F. Kennedy

As the late president so poignantly put it, gratitude is much more about action than mere words. This Thanksgiving, don’t just merely speak about the things you’re grateful for. This year, act on that feeling of gratitude and do something special for the people you value most — including yourself. Jim Woods November 23, 2022
For more great resources and inspiration visit WayOfTheRenaissanceMan.com
WayOfTheRenaissanceMan.com/store for Way of the Renaissance Man Fans is open. Grab your stylish t-shirt, gear, stickers and Way of the Renaissance Man art, too! Just visit the website now!
Now, we want to hear from you! Would like to share your opinion or make a comment on the Way of the Renaissance Man podcast? If so, then please leave your comment or questions in the space provided below and share this article with your friends and family on Facebook, Instagram and Twitter. Your comments or question could be chosen as our featured Ask the Renaissance Man Anything on a future episode.
For more great resources and inspiration visit WayOfTheRenaissanceMan.com

Paine-ful Wisdom

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Paine-ful Wisdom
Welcome to today's #WednesdayWisdom from Way Of The Renaissance Man Starring Jim Woods. ‘Paine’-ful Wisdom Wednesday Wisdom Way of The Renaissance Man Starring Jim Woods QuoteToday's insight was inspired by English-born American political activist, philosopher, political theorist and revolutionary, Thomas Paine.

“Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one.”

–Thomas Paine

I think the great Thomas Paine said it all with this famous quote, so I’ll refrain from any further elaboration other than to say that if you haven’t read any of this incredible thinker’s work, then you need to do so immediately. I guarantee you’ll find his thought-provoking wisdom both challenging and inspiring. Jim Woods November 9, 2022
 
Way of the Renaissance Man Ethos Collection Pattern Weekender bagThis Way of the Renaissance Man Ethos Collection Weekender bag is the perfect companion for every occasion—take it with you when traveling, running daily errands, or going to the gym. The bag is spacious and will keep all your stuff neat and organized with its multiple pockets, including one with a zipper for your most valuable possessions. Adjust the padded shoulder strap when the bag’s helping you carry heavier things, and continue your daily run without a worry! Get yours here!
Now, we want to hear from you! Would like to share your opinion or make a comment on the Way of the Renaissance Man podcast? If so, then please leave your comment or questions in the space provided below and share this article with your friends and family on Facebook, Instagram and Twitter. Your comments or question could be chosen as our featured Ask the Renaissance Man Anything on a future episode.

Three Pillars Form the Way of the Renaissance Man Ethos

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Three Pillars Form the Way of the Renaissance Man Ethos
Originally appeared in The Deep Woods at JimWoodsInvesting.com

A few years ago, a friend asked me to describe my personal “ethos” with just a few words.

Now, judging by that question, you can tell that I hang out with some pretty smart friends. And in this case, I knew my answer needed to be appropriately thought out to satisfy my friend’s curiosity. At first, I thought this task would be difficult. Yet after just a brief period of reflection, I answered with the following three words…

Focus. Integration. Celebration.

Naturally, my friend demanded I amplify this answer, and so I went about explaining these “three pillars” of my personal ethos so that each concept would be simple and easy to understand. So, with your permission, I would like to do the same here.

Focus.

The first pillar here is the most essential, as it also serves as a basis for all information processing, and for the application of the two other pillars of my ethos. The term focus here means much more than just concentration. By focus, I mean focus in the wider, philosophic sense. Perhaps a quote here from my favorite philosopher and my favorite novelist, Ayn Rand, will explain what I mean by philosophic focus: “In any hour and issue of his life, man is free to think or to evade that effort. Thinking requires a state of full, focused awareness. The act of focusing one’s consciousness is volitional. Man can focus his mind to a full, active, purposefully directed awareness of reality — or he can unfocus it and let himself drift in a semiconscious daze, merely reacting to any chance stimulus of the immediate moment, at the mercy of his undirected sensory-perceptual mechanism and of any random, associational connections it might happen to make.” So, when I say “focus” is the first pillar of my personal ethos, I mean it in this sense. I mean it in the sense that whatever it is I am doing, whether it is writing, speaking, analyzing companies, reading, composing and playing music, horseback riding, weight training, martial arts, combat marksmanship, driving a race car, walking a dog or just petting my cat, I do it in a state of full focus. I do it with the full, volitional and conscious awareness of reality — in the moment. You’ve no doubt heard about the importance of “living in the moment,” as it has become somewhat of a cliché in the self-help movement. So, let’s avoid this cliché, and just say that living in the moment requires that you live each moment in full focus. 

Integration.

The second pillar of my ethos comes after you’ve focused your mind on the facts and sensations of reality. Through the process of mental integration, you can categorize the facts, sensations and feelings you’ve experienced in that state of full focus, and you can begin determining what they all mean and how they fit into your broader, and deeper, philosophic premises such as the things you value. For example, let’s say you focus your mind on something that is on the surface mostly a physical pursuit, weight training. Yet is it mostly a physical thing? While the actual performance of the movements might be primarily physical, what you’ve likely already integrated before you even decide to begin weight training are the facts that challenging your muscles with progressive resistance loads is a good thing for your physical well-being. Indeed, the integration of higher-order concepts of “well-being” requires a long chain of philosophic integration that has to do with the value you place on your existence, your health, your appearance, the maintenance of your functional ability, etc. The wider point here is that the ability to focus on facts and integrate those facts into your philosophic matrix is the necessary second pillar of a rational ethos, and it’s one you must be consciously aware of if you are going to engage in the third pillar of this ethos.

Celebration.

Once you’ve focused on reality and integrated those facts with your personal worldview, i.e. your personal philosophic premises, then and only then can you rationally indulge in the most pleasurable pillar — celebration. For me, celebration is the result of the focused integration of the concretes of reality and what they represent in my life. Staying with the weight training example, I know that a focus on facts means I need to weight train to stay in good physical shape. Staying in good physical shape is a value to me because I’ve integrated the virtue of good health and the absence of disease in my life as rational values for me to pursue. And despite being on the losing side of my fifties, I am for the most part in excellent physical condition, largely free of disease and strong, flexible and fully functional. It is this combination of focused integration that permits me to celebrate this circumstance. You see, when you live a life in full focus, and one in which you integrate the ideas and values that really matter to you, then and only then can you rationally celebrate your existence. It is this celebration, in all its glorious forms, that makes life worth living. Whether that celebration is the pleasure of watching your children grow up, or whether it’s staring into the eyes of the person you love most and feeling that love come right back to you, or whether it’s something as simple as performing a set of intense barbell curls — when you live a life of focused integration, you can justly celebrate life in all of its forms. For me, the three pillars of focus, integration and celebration comprise the basis of my personal ethos. And thanks to my friend’s question some years ago, these three pillars also represent the consistent themes running through my lifestyle website and podcast, Way of the Renaissance Man. If you want to hear more about the various ways I and others focus, integrate and celebrate life, I invite you to check out the articles, interviews and podcasts available right now at WayoftheRenaissanceman.com.
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Check out this Way of the Renaissance Man Ethos Tee…It is the perfect companion for every occasion—wear it when traveling, running daily errands, or going to the gym.
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Now, we want to hear from you! Would like to share your opinion or make a comment on the Way of the Renaissance Man podcast? If so, then please leave your comment or questions in the space provided below and share this article with your friends and family on Facebook, Instagram and Twitter. Your comments or question could be chosen as our featured Ask the Renaissance Man Anything on a future episode.

Madison on Tyranny and Oppression

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Madison on Tyranny and Oppression

Madison on Tyranny and Oppression Wednesday Wisdom Way of The Renaissance Man Starring Jim Woods QuoteMadison on Tyranny and Oppression

Welcome to today's #WednesdayWisdom from Way of The Renaissance Man Starring Jim Woods. Today's insight was inspired by an American statesman, diplomat, Founding Father and the fourth president of the United States, James Madison Jr.

“If tyranny and oppression come to this land, it will be in the guise of fighting a foreign enemy.” –James Madison

I think it’s important, especially today, to remember Madison’s warning. Whatever battles we fight around the globe, we cannot let those battles destroy our freedom. Jim Woods October 19, 2022
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Check out this Way of the Renaissance Man Ethos Tee…It is the perfect companion for every occasion—wear it when traveling, running daily errands, or going to the gym.
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Now, we want to hear from you! Would like to share your opinion or make a comment on the Way of the Renaissance Man podcast? If so, then please leave your comment or questions in the space provided below and share this article with your friends and family on Facebook, Instagram and Twitter. Your comments or question could be chosen as our featured Ask the Renaissance Man Anything on a future episode.

On Harnessing Passion

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On Harnessing Passion

On Harnessing Passion Wednesday Wisdom Way of The Renaissance Man Starring Jim Woods QuoteWelcome to today's #WednesdayWisdom from Way of The Renaissance Man Starring Jim Woods

Today's insight was inspired by American novelist, poet, and one of the pioneers of the Beat Generation, Jack Kerouac.

“My fault, my failure, is not in the passions I have, but in my lack of control of them.”

–Jack Kerouac

Passion is what makes life worth living. But controlling your passions is just as important as cultivating them. When it comes to a healthy life, balancing your enthusiasm and your self-discipline are the dual keys to success. Jim Woods October 5, 2022
For more great resources and inspiration visit WayOfTheRenaissanceMan.com
WayOfTheRenaissanceMan.com/store for Way of the Renaissance Man Fans is open. Grab your stylish t-shirt, gear, stickers and Way of the Renaissance Man art, too! Just visit the website now!
Way of the Renaissance Man Ethos Tee
Display your Way of the Renaissance Man Ethos today with this top quality tee.
This Way of the Renaissance Man Ethos Tee is the perfect companion for every occasion—wear it when traveling, running daily errands, or going to the gym.
100% cotton 4.3-ounce and 30 singles Rib-Knit Crew Neck Double needle sleeves and hem Get yours here!
Now, we want to hear from you! Would like to share your opinion or make a comment on the Way of the Renaissance Man podcast? If so, then please leave your comment or questions in the space provided below and share this article with your friends and family on Facebook, Instagram and Twitter. Your comments or question could be chosen as our featured Ask the Renaissance Man Anything on a future episode.
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