Kyle Grieve chats with Vitaliy Katsenelson about aligning ourselves with what we love doing, utilizing stoic tools to deal with negative emotions, engineering our environments to improve decision-making, effective communication methods, pursuing truth over being right, and market development over the last decade. Vitaliy Katsenelson is the CEO and CIO of IMA. He’s authored three books: Soul In The Game, The Little Book of Sideways Markets, and Active Value Investing. His writing has also been published in the Financial Times, Barron's, Bloomberg BusinessWeek, Forbes, Business Insider, CNBC, and other publications. He has also been featured as a guest on CNBC, Fox Business, BNN, and Yahoo! Finance. IN THIS EPISODE YOU’LL LEARN: 00:00:00 - Intro 00:00:40 - What soul in the game is, and why it's so important to understand it if you want to truly excel at investing and other passions 00:07:09 - Why meditation is such a powerful tool to help improve stress 00:13:33 - How Vitaliy prioritizes areas of his life to ensure he's spending the right amount of time on high-priority areas 00:20:29 - How stoicism has helped Vitaliy remove the volatility of negative emotion in the market and life 00:21:35 - How investors can utilize the dichotomy of control to navigate volatile markets better 00:33:38 - Simple negative visualizations to use on individual stocks and your portfolio to improve decision-making 00:41:58 - Why toxic environments can influence us to live by other people's values 00:50:53 - Why specific tasks should be delegated so you are focused only on creating value 00:56:09 - Why our modes of communication can limit or expedite our abilities to improve and learn 00:58:37 - The importance of discovering the truth for successful investing 🤝 Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members: https://theinvestorspodcast.com/mastermind 💬 Be a better you in 2024 by learning a new language. Get 50% off on a one-time payment for a lifetime Babbel subscription today. https://babbel.com/wsb 📈 Learn to invest like legend investors do — from the company that has interviewed them. Use YOUTUBE15 to get 15% off! https://theinvestorspodcast.podia.com/how-to-get-started-with-stocks 💰Click here to download your FREE guide to Stop Worrying About Your Finances In 4 Simple Steps: https://www.theinvestorspodcast.com/subscribe-youtube/ ▶️ RELATED EPISODES: - Soul in the Game w/ Vitaliy Katsenelson: https://youtu.be/LFvbjxeIQG4 - Discovering Value Investments w/ Vitaliy Katsenelson: https://youtu.be/fV91zLsimBM - Value Investing And Market Cycles w/ Vitaliy Katsenelson: https://youtu.be/-EJNHJPfqf0 🎧 Listen to our episodes here: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP 🖊️ Access the transcript and learn more about the guest here: https://www.theinvestorspodcast.com/episodes/improve-your-investing-operating-system/ 📖  BOOKS MENTIONED: - Soul in the Game by Vitaliy Katsenelson: https://amzn.to/3PyfZVB - The Little Book of Sideways Markets by Vitaliy Katsenelson: https://amzn.to/4alnNlv - Active Value Investing by Vitaliy Katsenelson: https://amzn.to/3PpnpKY Disclosure: Some of the links above are affiliate links that we may earn commission from. This helps keep our show going! 😀 💡 OTHER RESOURCES - Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future — Use our link here for a 14-day free trial: https://www.sahg6dtr.com/59QC8Z/R74QP/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ABOUT OUR SHOW 🎙  On We Study Billionaires, we interview and study famous financial billionaires including Warren Buffett, Bill Gates, and Ray Dalio. We teach you what we learn and how you can apply their investment strategies in the stock market. 🌍 Website: https://www.theinvestorspodcast.com/we-study-billionaires/  📝 Help us understand our audience better so we can create a more intentional user experience by answering this survey! https://www.theinvestorspodcast.com/survey2023-youtube ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ 📚OUR FREE INVESTING COURSES/RESOURCES https://www.theinvestorspodcast.com/tip-academy/ 📊TRY OUR STOCK INVESTING TOOL: TIP FINANCE https://www.theinvestorspodcast.com/tip-finance/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.