Real Conversations Matter

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker, financial journalist, and money manager.

The first presidential debate of 2020 took place last night, and if you came away from the roughly 90 minutes of verbal chaos as disappointed in the result as I was, then you’re not alone.

Advertisement.

Even my random late-night sampling of opinions from both sides of the political aisle revealed just how unsatisfying the exchanges were between President Trump and former Vice President Biden. Perhaps I am too optimistic, but I didn’t think it was too much to ask that the two men vying for the de facto title of “Leader of the Free World” have an actual conversation.

Instead, the event last night was, as The Wall Street Journal editorial headline put it, “A Depressing Debate Spectacle.” The subhead of the WSJ piece encapsulated what I think most people came away with after watching the event, and that is that, “Pro wrestlers are more presidential than either man Tuesday night.”

Here is the money quote from the WSJ editorial:

Advertisement.

“The event was a spectacle of insults, interruptions, endless cross-talk, exaggerations and flat-out lies even by the lying standards of current U.S. politics. Our guess is that millions of Americans turned away after 30 minutes, and we would have turned away too if we didn’t do this for a living.”

That pretty much sums up my opinion of the “debate,” if you can call it that.

Yet, in some ways, I am grateful that I witnessed this epic failure of conversation last night. I say that, because it reaffirmed a principle that I live by, and one that I think is critical to making any kind of social progress. That premise is that real conversations matter.

Now, when I say, “real conversations,” I am just slightly amplifying what the Oxford English Dictionary defines as: “a talk, especially an informal one, between two or more people, in which news and ideas are exchanged.”

Advertisement.

The operative concept here is the exchange of ideas, and the reason why this is so important, and the reason why I think real conversations matter so much, is because conversations are our best way to resolve conflict and to make social progress.

Exclusive  Day Trading Uses Three Strategies of Andrews’ Pitchfork

As philosopher and neuroscientist Sam Harris puts it: “We have a choice. We have two options as human beings. We have a choice between conversation and war. That’s it. Conversation and violence.”

In pandemic America 2020, we’ve already seen the failure of conversation result in social unrest, riots, looting, impeachment, science denial, history denial, racism, the rise of cancel culture, the siloing of news and information, radical left-wing lawlessness and the rise of radical right-wing hate groups. In short, our collective failure of conversation is laying the foundation for a future American dystopia that all but the most fervent nihilist would find disastrous.

Yet before you conclude that I am a fatalist on this issue, I do think there is hope for a brighter, more articulate and more well-reasoned future. I say that, because I am actually encouraged by the outpouring of discontent regarding the dreadful presidential debate.

I also am encouraged by the rise of so many long-form conversations that have been facilitated in recent years by digital platforms such as podcasts, YouTube videos and streaming media services such as Spotify. The rise of the long-form conversation as a force in American media can be seen via the recent announcement of an exclusive deal between Joe Rogan and Spotify that is reportedly worth some $100 million.

Advertisement.

Indeed, the appeal of long-form, real conversations of all sorts in recent years is, in part, responsible for me launching my own podcast, Way of the Renaissance Man. And not coincidentally, today also happens to mark the official launch of Season Three of the podcast.

Exclusive  Stocks Hit New Highs… Then Bitcoin… and Now Gold: Welcome to the New Roaring Twenties!

In this kickoff episode, I am joined by my producer and media consultant Heather Wagenhals.

In this real conversation, we take a deep dive into what precisely defines what I call the “Renaissance Man ethos.” You might recall The Deep Woods issue of Aug. 19, with the lead story titled “Focus, Integration, Celebration.” Well, those concepts in action are what make up the three pillars of the Renaissance Man ethos, and in this episode, you will discover exactly why.

Finally, we take a look back at some of the highlights of the first two seasons of the show to demonstrate the Renaissance Man ethos in action, and why so many of my fascinating guests embody the very best within us all.

I am extremely proud of the podcast and lifestyle website we’ve created, and we celebrate this pride of achievement in the Season Three kickoff episode. It also happens to be the 30th episode of the Way of the Renaissance Man podcast.

Advertisement.

So, if you still have a bad taste in your mouth after last night’s failure to have a real conversation, I invite you to cleanse your intellectual palate with the Renaissance Man.

*******************************************************************

Honest and Gentle Reflections

“The most fundamental aggression to ourselves, the most fundamental harm we can do to ourselves, is to remain ignorant by not having the courage and respect to look at ourselves honestly and gently.”

— Pema Chödrön

Life demands our allegiance to reality. What that means is that we must not choose to remain ignorant, especially if that ignorance is out of a lack of self-respect. While it’s not always easy, our lives demand that we look at ourselves honestly, but also gently. By doing so, we just might be able to affect change in our own lives — and by extension, change in the world.

Exclusive  Should You Sell Nvidia (NVDA)?

Wisdom about money, investing and life can be found anywhere. If you have a good quote that you’d like me to share with your fellow readers, send it to me, along with any comments, questions and suggestions you have about my newsletters, seminars or anything else. Click here to ask Jim.

In the name of the best within us,

Jim Woods

share on:

Like This Article?
Now Get Jim's FREE Special Report:
The Top 11 Dividend ETFs to
Buy Right Now

Get up to 5X the yields of traditional income plays.

Get Access to the Report, 100% FREE


img
share on:

PREMIUM SERVICES FOR INVESTORS

Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

  • Forecasts & Strategies
  • Home Run Trader
  • Fast Money Alert
  • Five Star Trader
  • TNT Trader
LEARN MORE HERE

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

  • Cash Machine
  • Premium Income PRO (exclusively for subscribers of Cash Machine)
  • Quick Income Trader
  • Breakout Options Alert
  • Hi-Tech Trader
LEARN MORE HERE

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

  • Successful Investing
  • High Velocity Options
  • Intelligence Report
  • Bullseye Stock Trader
  • Eagle Eye Opener
LEARN MORE HERE

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

  • Retirement Watch
  • Retirement Watch Spotlight Series
  • Lifetime Retirement Protection Program
LEARN MORE HERE

Jon Johnson

Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:

Product Details

  • Investment House Daily
  • Stock of the Week
  • Technical Traders Alert
  • Rapid Profits Stock Trader
LEARN MORE HERE

DividendInvestor.com

Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

  • Dividend Investor
LEARN MORE HERE

George Gilder

George Gilder is the most knowledgeable man in America when it comes to the future of technology and its impact on our lives.  He’s an established investor, bestselling author, and economist with an uncanny ability to foresee how new breakthroughs will play out, years in advance.

Product Details

  • Technology Report
  • Technology Report PRO
  • Moonshots
  • Private Reserve
  • Millionaire Circle
LEARN MORE HERE

DayTradeSPY

DayTradeSPY was founded by head trader Hugh Grossman, a retired internal auditor for a Fortune 500 company. After years of first-hand experience trying out one trading strategy after another, Hugh instead developed his own trading system centered around day trading SPY options. That’s it... Nothing else.

Product Details

  • Trading Room
  • Pick of the Day
  • Inner Circle
  • Online Workshops
LEARN MORE HERE