Have you ever cursed the pure memorization of facts just to pass an exam? Then you are in very good and prominent company indeed! Albert Einstein was known for his distaste of the learning of facts and argued that education should not be the learning of many facts but rather the learning to think. Indeed, you all have more in common with Einstein than you might think at first…
Today, he is regarded as one of the great geniuses of human kind. But he wasn’t always successful and struggled a couple of times where he thought about quitting and giving up his dream of contributing to the realm of physics. What a shame for us and theoretical physics it would have been!
Financial markets have always been fascinating for me. I started reading André Kostolany when I was a teenager and after many books, I felt as if I knew everything about market psychology. Of course, I did not! Fortunately, I had no money to speculate with at that time.
But to be prepared for the day I would have the resources, I continued reading from world experts and renowned academics. It was only a matter of time until I came across the name George Soros, who studied at the London School of Economics (LSE). His “Theory of Reflexivity” combined psychological aspects and business cycle theory. During his lecture series at the Central European University, he explained how his life philosophy, derived from Karl Popper’s “Open Society and its Enemies,” helped him to succeed financially, but also personally in his philanthropic work. I became immediately interested in Popper’s work and read it myself during a time when I had lost my focus.
By my definition, personal growth describes the process after which higher personal life quality has been reached. In economic theory, we assume that individuals behave in such a way as to maximize their own utility. By this, society benefits as common wealth enhances. Common wealth is measured as Gross Domestic Product (GDP). But the “World Happiness Index”, a survey measuring peoples happiness and its sources, clearly indicates that GDP is not the only factor that matters to people.
The freedom to take actions to evolve personally is one of those factors. You might have read my previous article “How I plan two full-time degrees at once”. The incentive for studying two degrees was personal development by knowledge and a rather unusual study experience. And it is also the reason for most of you, whether you want a new study experience, to broaden your horizons or advance your career while having a full-time commitment to your family. In the following, I will establish some underlying principles which affect personal growth.
Hello to all my fellow students!
Since I haven’t posted any articles yet, let me introduce myself first. My name is Arnold Kinzel, I am 24 years old, from Germany and I am currently enrolled in the BSc Economics and Finance programme at the University of London International Programmes. But if that wasn’t enough I am also a full-time Engineering and Management student at the University of Applied Sciences Zwickau (In German: Westsächsische Hochschule Zwickau). As a son of an engineer, I followed the same path while privately reading books ranging from A. Kostolany over G. Soros to B. Graham. I always dreamt of studying Economics and Finance but never had the guts to apply for a programme until I found this programme which would allow me to continue my engineering studies.