The Gap and The Gain | Wisdom, Wealth and Wellness

Jonathan Satovsky
CFP®, ChFC®, CIMA®, CPWA®, CDFA®, DACFP

Good morning. Good afternoon. Good evening. This is Jonathan Satovsky of Satovsky Asset Management.

Today’s video blog is on the concept of The Gap and The Gain. A good friend and strategic coach, Dan Sullivan and Dr. Benjamin Hardy wrote a fantastic book called The Gap and The Gain.

In The Declaration of Independence, our wonderful Thomas Jefferson wrote, “Life, liberty, and the pursuit of happiness.” Why did he write the pursuit of happiness? Why didn’t he say the expansion of happiness? Did he assume we were all miserable, and we had this impossible to achieve ideal of happiness?

The pursuit is all about The gap and the gain. I, like many people, fall into the gap, maybe 5, 10 times a day, not measuring up to the ideal version of who we want to be in life. Not enough money, not a big enough house, not the best relationship, not the right weight, not the right outfit, whatever it is.

But happiness comes from measuring the gain. How can you celebrate progress versus perfection? Progress of being a better version of yourself that’s imperceptible to the invisible eye. In fact, if you are 1% better, 1% better every quarter for 25 years, you’re 100% different person in 25 years. Ponder that on your own journey to finding the gain over the gap in your pursuit of wisdom, wealth, and wellness.

Have a great day.

Get the Latest Wealth Insights, Delivered.

Video Recorded October 30th, 2021
SHARE
Disclosures

This blog post is not intended to be, nor should it be construed or used as, an offer to sell, or a solicitation or offer to buy any securities or interests in any strategy offered by Satovsky Asset Management, LLC (“SAM”). SAM is a registered investment advisor with the Securities and Exchange Commission – for more information see www.adviserinfo.sec.gov. Please remember that different types of investments involve varying degrees of risk, and that past performance is not indicative of future results. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the strategies recommended or undertaken by SAM) will be profitable. Market index information shown herein is included to show relative market performance for the periods indicated and not as standards of comparison. The market volatility, liquidity and other characteristics of SAM’s portfolio composition are materially different from the securities listed on public market indices. Market index information was compiled from sources that SAM believes to be reliable. No representation of guarantee is made hereby with respect of the accuracy or completeness or such data. Opinions are as of date of video and are subject to change. A copy of SAM’s current written disclosure statement discussing our advisory services and fees continues to remain available for your review upon request. SAM undertakes no duty to update information presented herein.

Further Reading

The Bull and the Bear | Wisdom, Wealth, and Wellness

Bull/bear spreads. What does that mean? When people are super optimistic about the future, they place bets or express optimism about the next three to six months in the stock...

Adapt | Wisdom, Wealth, and Wellness

Elections often stir strong emotions, but navigating the financial landscape requires focusing on long-term strategies rather than reacting to short-term sentiment. Learn how thoughtful planning and resilience can help you...

The Power of Incentives | Wisdom, Wealth, and Wellness

In this reflective piece, Jonathan Satovsky shares insights from his experience at Ireland’s Kilkenomics – The World’s First Economics and Comedy Festival, where he explored how cultural differences in incentives...

Talk to an Advisor today

232 Madison Avenue, Suite 400 New York, NY 10016
(212) 584-1900
© 2024 SATOVSKY ASSET MANAGEMENT | PRIVACY POLICY | FORM CRSTERMS OF USE/DISCLAIMERS NOT FDIC INSURED. NOT BANK GUARANTEED | MAY LOSE VALUE, INCLUDING LOSS OF PRINCIPAL | NOT INSURED BY ANY STATE OR FEDERAL AGENCY

Website Developed by Finovo

Get Wealth insights Delivered To Your Inbox

Don’t miss a beat – Sign up to have the latest investor insights, mindfulness tips and market news from our blog delivered right to you.