Wisdom Finance - the Complete Economic Behavior/Human Behavior Model.

All life activity requires behavior. Behavior requires expertise in the field one is working in along with the emotional expertise to handle the situation wisely. Both are essential for success. When it comes to expertise in the field of work man has created cutting edge models of behavior. However all those life situations that especially require the added ingredient of emotional intelligence we do not have a complete model to work with. In fact not just finance, we do not have a perfect life model by which to live our lives. There is much about emotional intelligence that is still fuzzy. The reasons are not far to find.

We still do not have a clean scientific definition of all those charter traits that are connected to emotional intelligence. Like the self, mind, consciousness, human nature, wisdom etc are still not well understood. One of the factors that has contributed to this fuzziness is the belief that we must first find the root cause of each character trait before we can understand and teach how to cultivate these character traits. We look for the primal cause in order not just to understand the charter trait but because we believe that by understanding the primal cause we will be able to teach and master that character trait. But in real life it does not work that way.
Take the example of water. Man did not waste time on trying to find the primal cause of water. Man studied water's properties and researched ways how to harness these properties. Today from the water wheel we have gone to harnessing the power of the hydrogen cell. Even if we know the primal cause of water we still have to harness its properties. Again what is better. To be an expert on how to become a millionaire or to have millions? It is very clear that harnessing the bounties of nature is what is needed to improve the quality of life.

Thus rather than trying to find out the primal cause behind emotional intelligence it is far more practical to be able to harness the qualities of emotional intelligence. Thus the goal of what to do with emotional intelligence is to research ways of how to make every human beings emotional intelligence as super mature as possible.
To reap practical benefits from the very nature of emotional intelligence we must shift the focus from the primal cause to how to improve its quality. Thus it is less important to know what is the self and far more effective to know how to make the self as great as possible. The same goes with the mind, consciousness, human nature and wisdom etc.

Taking the case of specifically emotional intelligence, we now have thousands of papers and dozens of books on emotional intelligence. Emotional intelligence is to the brain what blood is to the human body. The quality of emotional intelligence develops starting with -2 premature emotional intelligence (total ignorance) to -1 immature emotional intelligence, moving on to +1 mature emotional intelligence and ends in +2 super mature emotional intelligence (wisdom). We know for certain these four qualities of emotional intelligence. We see amongst us all these four qualities of people. People who are ignorant to people who are wise. The mega question is that how do we make people wise en mass.

One of the major reasons why we are not able to teach wisdom is that we are not clear what wisdom is. We know its attributes so we try to cultivate these attributes individually. Wisdom is like a tree and the attributes are its fruit. When we try to teach say love it is like trying to create a fruit. But just as it is impossible to create the fruit without the tree it is impossible to create love without the wisdom tree. Wisdom is an all or nothing entity.

For all human behavior including stock trading and handling finances wisdom is an essential ingredient especially for secure and wise trading.Once one becomes wise then not only will it help in fiances it will also help in all of life's situations. In fact the herd mentality and panic behavior has been ingrained in us since before the stone age and it surfaces in us from time to time in group behavior. The only time individuals are free of these is when individuals are emotionally super mature. Again greed is an attribute of ignorance, the lowest -2 mind level. Yet greed emerges even in +1 individuals because the +1 individuals behavior is many times powered by more zeal than knowledge. The zeal to make more and more; pushed on to accomplish the goals of the +1 trophy self image. So here again wisdom is the missing ingredient. Thus stock brokers must be regulated and must pass a certification test which must include a wisdom test.

As there are four levels of the mind as follows:

1) Premature mind of a new born child quantified with a value of negative 2.
2) Immature mind of a teenager quantified with a value of negative 1.
3) Mature mind of an adult quantified with a value of positive 1.
4) Super mature mind of a master quantified with a value of positive 2.

There are grown up people who are +2 in their profession qualifications and yet are -2 in emotional intelligence. There are many such people in every industry. We must create tests to detect such people who should be barred from any financial dealings. My wisdom test can be effective but such people will cheat on the test so it must be given on a lie detector. Again emotionally -1 people must also be barred from becoming stock brokers. Only +1 and +2 people may be certified as stock brokers.

So all those experts who are racing to create an effective financial model must make wisdom behavior as its chief pillar along with the current financial expertise. Thus we can have a business model that requires expertise in the field of financial trading along with the emotional expertise to handle the trades wisely.We could call this model - 'Wisdom Finance'.

Wisdom finance can be the moat against the herd mentality, panic behavior and greed.