Instructions For Life

12/22/00 - 10:07 AM EST

Bill  Meehan

Well, it looks as if there's a good chance that Mr. Market might provide a little holiday cheer for the bulls heading into getaway day. Especially if the Fed Head plays Santa Claus early, as was so widely rumored yesterday.

I decided to share some words of wisdom that I received Thursday morning for my final piece of the old millennium. They're purported to be from the Dalai Lama, who's obviously far smarter than I am, and he's unquestionably one of the world's great spiritual leaders. Besides, I'm in full agreement with his "Instructions for Life." Not only that, but my ex-wife tells me that there's an abundance of good karma coming my way if I share them with you within 96 hours.

You, too, might benefit by passing them on to all of your friends, relatives and acquaintances. I wouldn't be surprised if doing so, and also following them, won't improve your personal, professional and spiritual life. Here they are:

Take into account that great love and great achievements involve great risk.

When you lose, don't lose the lesson.

Follow the three "R's": Respect for self, respect for others, responsibility for all your actions.

Remember that not getting what you want is sometimes a wonderful stroke of luck.

Learn the rules, so you know how to break them properly.

Don't let a little dispute injure a great friendship.

When you realize you've made a mistake, take immediate steps to correct it.

Spend some time alone every day.

Open your arms to change, but don't let go of your values.

Remember that silence is sometimes the best answer.

Live a good, honorable life. Then when you get older and think back, you'll be able to enjoy it a second time.

A loving atmosphere in your home is the foundation for your life.

In disagreements with loved ones, deal only with the current situation. Don't bring up the past.

Share your knowledge. It's a way to achieve immortality.

Be gentle with the Earth.

Once a year, go someplace you've never been before.

Remember that the best relationship is one in which your love for each other exceeds your need for each other.

Judge your success by what you had to give up in order to get it.

Approach love and cooking with reckless abandon.

And, I'll end with one (or is it two?) of my own rules:

Concern yourself only with the things you can change, and remember that you can always change how you perceive any difficulties.

All of us at Cantor Fitzgerald wish you a happy, healthy and prosperous new year. We're honored by your trust and exceedingly grateful for your business, and we're fully committed to continue earning both for many years to come.

See ya in the new millennium!

Bill Meehan is the chief market analyst for Cantor Fitzgerald, a Manhattan-based institutional trading and research firm, and writes daily for the Cantor Morning News. Prior to that, he was a market analyst for Prudential Securities. At time of publication, Meehan had no positions in any stocks mentioned in this column, although holdings can change at any time. He appreciates your feedback at bmeehan@thestreet.com Morning News, Copyright, 2000 is a product of Cantor Fitzgerald & Co.("Cantor Fitzgerald"). The material is based upon information that Cantor Fitzgerald considers reliable, but Cantor Fitzgerald does not represent that it is accurate or complete, and it should not be relied upon as such. Cantor Fitzgerald and its affiliates, officers, directors, partners, and employees may, from time to time, have long or short positions in, buy or sell and deal as principal in the securities, or derivatives thereof, of companies mentioned herein and may take positions inconsistent with the views expressed. None of the information contained herein constitutes, or is intended to constitute a recommendation by Cantor Fitzgerald of any particular security or trading strategy or a determination by Cantor Fitzgerald that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person. You should consult with and rely upon your own advisors whether and how to use such information in making any investment decision.
Your Recent Quotes: Quote Up0 | Quote Down0
Dow S&P 500 NASDAQ
Oil*
Gold
10 Yr
0.00%
%
%
%
Data delayed 20 min
Sign up for our FREE newsletters now. See All

  • Cramer's Daily Booyah!
  • Before the Bell

Premium Stock Ideas
Access Action Alerts Plus to find out Cramer’s latest picks now!

Premium Services