What means diversification?
Diversification is a risk management strategy that mixes a wide variety of investments within a portfolio. The rationale behind this technique is that a portfolio constructed of different kinds of assets will, on average, yield higher long-term returns and lower the risk of any individual holding or security.
What are skill sets examples?
Skill set examples
- Creativity.
- Teamwork.
- Adaptability.
- Leadership.
- Conflict resolution.
- Decision-making.
- Analytical.
- Able to work under pressure.
What are benefits of patience?
Some of these benefits of practicing patience include: Helping you focus on longer term outcomes and goals, rather than short term pleasure. Helping you with making good choices, rather than making impulsive decision. Forcing you to show empathy and kindness towards others.
Why Patience is the key to success?
Patience puts us in direct control of ourselves. And there is no more powerful an aid to success then self-possession. A lack of success or progress can almost always be boiled down to a lack of patience. The most basic reason for impatience is a lack of control.
What is patience and its importance?
Yet patience is essential to daily life—and might be key to a happy one. Having patience means being able to wait calmly in the face of frustration or adversity, so anywhere there is frustration or adversity—i.e., nearly everywhere—we have the opportunity to practice it.
What are the qualities of patience?
patience n. the quality of being able calmly to endure suffering, toil, delay, vexation or the like; sufferance. patient sustaining pain, delay etc. without repining: not easily provoked,: persevering in long-continued or minute work: expecting with calmness.
Is patience a good quality?
Patience is one of the most difficult qualities to develop in this fast paced and impatient world. We want everything, we want it our way, and we want it now! We think that if we slow down we’ll fall behind. Being impatient is not an attractive quality and results in feelings of guilt for your out-of-control behavior.
How do you use patience as a strength?
Patience. A key strength in a customer service position is that of patience. You may be dealing with people who are lost, angry, frustrated, have multiple questions and expect you to be able to solve all of their problems. Demonstrate your ability to be a calming force in your response to this query.
Is patience a social skill?
Patience is one of the most important social skills to teach children. It is a necessary skill for maturity. With patience children will be more flexible, take time to solve problems, and think critically. Patience paves the way for a happy and content life.
What is true patience?
Patience (or forbearance) is the ability to endure difficult circumstances. Patience may involve perseverance in the face of delay; tolerance of provocation without responding in disrespect/anger; or forbearance when under strain, especially when faced with longer-term difficulties.
Why is patience important in communication?
Someone who has patience in the workplace has both the ability to listen and the ability to deliver the message directly to the intended recipient in a way they fully understand and connect with. The better you understand what they were thinking, the better you are able to respond to them where they are.