Having laid waste to the once glorious city of Baghdad, Hulegu Ilkhan now sets his sights east of the Euphrates, to the fertile lands of Syria and Egypt beyond. But what's to follow will set of a momentous clash in Galilee, at a spring called Ain Jalut, that will shake the very fundaments of history...

Time Period Covered:
1258-1260 CE

Major Historical Figures:
Mongol Empire:
Mongke Khaghan
Khubilai Ilkhan
Ariq Boke
Ilkhanate:
Hulegu Ilkhan
General Baiju
General Kitbuqa [d. 1260]

Ayyubid Dynasty:
al-Muzzam Turanshah
al-Malik al-Nasir Yusuf
al-Aziz
al-Zayn al-Hafizi

Mamluks:
Saif ad-Din Qutuz
Baybars al Bunduqdari, "The Great Lord Panther"

European Christendom:
King Louis IX of France
Bohemond V of Antioch
Bohemond VI of Antioch
King Hethum I of Cilicia

Major Sources Cited:
Amitai, Reuven. Mongols and Mamluks: The Mamluk Ilkhanate War, 1260-1281.
Amitai, Reuven. “An Exchange of Letters in Arabic Between Abakha Ilkhan and Sultan Baybars (A.H. 667/A.D. 1268-69)” in Central Asiatic Journal, Vol. 38, No. 1.
Gillespie, Alexander. Causes of War, Volume II: 1000 CE to 1400 CE.
Grousset, René. Empire of the Steppes: A history of Central Asia.
Subani, Hamad. The Secret History of Iran. 
Richard, Jean. The Crusades, C.1071-1291.
Runciman, Steven. A History of the Crusades, Volume 3, The Kingdom of Acre and the Later Crusades.
Tschanz, David W. “History’s Hinge: ‘Ain Jalut” in Saudi Aramco World.

The History of China

#221 - Mongol 18: Goliath's Fall

A participant asks in an Inner Engineering program: 
Why is divorce painful?

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Sadhguru On Leadership, Success, Growth Of Business, Inclusive Economics And More

"Tryst with Destiny" was a historical speech made by Jawaharlal Nehru, the first Prime Minister of independent India, to the Indian Constituent Assembly in The Parliament, on the eve of India's Independence, towards midnight on 14 August 1947. It focuses on the aspects that transcend India's history

Pt. Jawaharlal Nehru's Tryst With Destiny Speech (English)



Courage is borne out of vulnerability, not strength. This finding of Brené Brown’s research on shame and "wholeheartedness" shook the perfectionist ground beneath her own feet. And now it’s inspiring millions to reconsider the way they live, parent, and navigate relations with members of the opposite gender.

See more at www.onbeing.org/program/brene-brown-on-vulnerability/4928

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The Intelligent Investor – Chapter 4 – General Portfolio Policy: The Defensive Investor
As crazy as it sounds, one should not have everything in stocks.
Perhaps the best counter option are short-term bonds now.
We discuss Graham’s take and apply a contemporary perspective on it. 

Graham clearly differentiates between aggressive and defensive investors where an aggressive investor spends a lot of time on research while a defensive one enjoys life. No matter where you are aggressive or defensive this chapter is crucial for this environment as being defensive might be the most aggressive thing one can do. Let’s see what Graham had to say about the stock and bond allocation and whether it still applies to this environment.

Opposite view on risk:
The common view on risk is that low risk equals low returns but Graham, like me, sees things from a different perspective. For him a well-researched bargain is much less risky than a bond because bonds lose a lot if interest rates increase and if there is inflation, thus those are also risky.

The basic problem of bond stock allocation:
Graham’s view for the defensive investor is to have an allocation between bonds and stocks between 25% and 75%. When stocks are cheap one should have 75% in stocks and vice versa. This is against human nature and we have seen that in 2017, after an 8-year bull market, stock market inflows were the highest. However, this human trait of buying high is exactly the reason why one should do the opposite and buy low when others are selling low. 

Another problem is that the stock-bond allocation is personal and here is where the problems start. If you would have been just 25% in stocks for the past 3 years you would have missed out on the 25% run the S&P 500 has had since while your returns would be around zero given the returns on bonds and their recent decline.

Want to know more about what I do? 
https://goo.gl/MQG2k5

Full-time independent stock market analyst and researcher!
STOCK MARKET RESEARCH PLATFORM (analysis, stocks to buy, model portfolio)

I am also a book author:
Modern Value Investing book:
amzn.to/2lvfH3t

More at the Sven Carlin blog: 
https://svencarlin.com/

Check out Modern Value Investing YouTube:
www.youtube.com/c/InvestwithSvenCarlinPhD

Like Modern Value Investing Facebook page:
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Connect with me on LinkedIn:
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Modern Value Investing with Sven Carlin

THE INTELLIGENT INVESTOR - FULL BOOK SUMMARY - CHAPTER 4

THE DEFENSIVE INVESTOR - THE INTELLIGENT INVESTOR - CHAPTER 4

Ashley Whillans, professor at Harvard Business School, researches time-money trade-offs. She argues more people would be happier if they spent more of their hard-earned money to buy themselves out of negative experiences. Her research shows that paying to outsource housework or to enjoy a shorter commute can have an outsized impact on happiness and relationships. Whillans is the author of the HBR article “Time for Happiness.”

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667: Use Your Money to Buy Happier Time

In this episode of The Daily Mastery Podcast by Robin Sharma, you’ll lock and load on some key insights around APR: Absolute Personal Responsibility.⁣

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In today's episode of The Daily Mastery podcast, Robin Sharma explains how ultra-high impact people build their days around doing difficult things.

How Virtuosos Build Their Days | The Daily Mastery Podcast by Robin Sharma

Potent insight for today: all genius has a dark side. 

Study any revered genius or virtuoso of history and here’s what you’ll find: they were complicated people. For example, being massively creative comes with the dark side of having so many ideas you dissolve your focus. And the blessing of wanting to be amazing at your craft comes with the dark side of arrogance—that must be managed.  

The things that make you extraordinary are the very things that can drive the people around you crazy, right? Honor the gift and manage the dark side.

667: Use Your Money to Buy Happier Time

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